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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 extremeriskon Jan 21, 2016 5:15pm
149 Views
Post# 24482108

overall markets wobbly time to go to cash

overall markets wobbly time to go to cash Wednesday s&p breached important support on high volumes. Looks like overall markets getting set up for more substantial correction. Using up days to liquidate but is sad that torstar is unable to have much of an update. Started exiting positions yesterday and continuing today and tomorrow. I still think Torstar has value but just like rising tides raise all ships sinking tides sink everyone and cheap stocks just get cheaper. I agree with puma that we go sub 2 but not because of anything torstar does but due to general market weakness. No catalyst to save this market now.
Bullboard Posts