Tenaris S.A. is the world's No. 1 producer of steel pipes used in the oil and gas industries. Net sales break down by activity as follows:
- production of pipes (95.4%): unwelded steel pipes (3,189 KT sold in 2023 and welded steel pipes (953 KT sold) primarily for drilling activities. The group also offers accessory products (tubing products, surface coatings, etc.) as well as installation, assembly, logistical support, etc.;
- other (4.6%): primarily manufacturing of ducts for the transportation of oil and gas fluids.
Net sales are distributed geographically as follows: Europe (7.4%), North America (53.4%), South America (21.6%) and Asia Pacific/Middle East/Africa (17.6%).