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Tenaris ADR Rep 2 Ord Shs T.TS.B


Primary Symbol: TS

Tenaris S.A. is a holding company, which is a steel producer with production facilities in Mexico, Argentina, Colombia, United States and Guatemala. The Company supplies round steel bars and flat steel products for its pipes business. It operates through Tubes business segment. The Tubes segment includes the production and sale of both seamless and welded steel tubular products, and related services primarily for the oil and gas industry, principally oil country tubular goods (OCTG) used in drilling operations, and for other industrial applications with production processes that include in the transformation of steel into tubular products. It operates in geographical areas, such as North America, South America, Europe, Middle East and Africa, and Asia Pacific. Its products and services include OCTG, Premium Connections, Rig Direct, Offshore Line Pipe, Onshore Line Pipe, Hydrocarbon Processing, Power Generation, Sucker Rods, Coiled Tubing, Industrial and Mechanical, and Automotive.


NYSE:TS - Post by User

Bullboard Posts
Post by twentychanceson Aug 22, 2015 10:40pm
94 Views
Post# 24043332

kind of noteworthy

kind of noteworthy1) any profits from Verticalscope will be reported in $US; given the exchange rate, that makes for a nice bump after the coversion to Canadian; Canadian dollar will likely be under pressure for a good while as the US dollar strengthens (according to an excellent economist/investor/advisor)


2) so Morningstar shows that a company called the United States Fire Insurance Comany owns about  2,000, 000 shraes of Torstar.  Guess who owns the United States Fire Insurance Company? Fairfax Financial...Watsa.
Bullboard Posts