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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 twentychanceson May 28, 2020 4:39pm
154 Views
Post# 31084668

Grasping at straws.....

Grasping at straws.....Maybe...just maybe, the whole thing is meant to serve as a catalyst?

Maybe it will be a catalyst in any case.

There was mention in the Globe article of a spurned "rich" offer from Fairfax years ago. Funny how that figure was never divulged.

Collusion at so many levels I'd rather attempt a Rubik's Cube blindfolded, with one hand, while being chased by an unfriendly dog.
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