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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

Post by forkliftguyon Aug 05, 2018 11:34am
159 Views
Post# 28416219

Verical Scope

Verical ScopeI must say that I was very disappointed when Torstar bought into this company . It seemed most shareholders were also, as the stock price nosedived after the news . While Transcontinental is buying profitable packaging companies and their share price has done really well , we end up with this company . Exactly what is it ? I had never heard of it before . I have subsequently never seen it since . If it is so good , why don't they advertise their product in the Toronto Star newspaper chain . My question is - Is Torstar liable for any of the 160 million in debt they have piled up ? I am not a big fan of companies which have a negative organic growth . We now know why this company trades at a buck and a quarter .
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