Paolo Rocca Chairman and Chief Executive Officer Milan September 15, 2008
Two years on: review of strategic initiatives Net sales have risen 60% from 6.2 billion (2005) to 10.0 billion (2007) Range of technology, products and services expanded 35% global market share in premium OCTG Global…
Products and services for a wider and more complex range of applications TenarisHydril premium connections cover full range of applications with leading technology Combination of premium, seamless, welded and coiled tubing unique…
Global positioning strengthened USA and Canada 13 industrial Industrial system facilities, 4,500 employees, 18% DRI plants 2 market share, 75% of sales through Electric steel shops 4 alliances and programs Seamless rolling mills 15…
Raw material cost environment Leveling off after sharp increase in 2008 H1 (Jan 2006 = 100) 450 400 350 300 250 200 150 100 50 0 Jan-06 Apr-06 Jul-06 Oct-06 Jan-07 Apr-07 Jul-07 Oct-07 Jan-08 Apr-08 Jul-08 Scrap…
Prices are responding to the market environment Prices and costs per metric ton of our Tubes segment US per metric ton 4,000 3,000 2,000 1,000 0 03 03 03 03 04 04 04 04 05 05 05 05 06 06…
Regions show different market dynamics US million 1H2006 1H2007 1H2008 North America 854 1,422 1,819 South America 457 587 572 Europe 635 840 928 Middle East & Africa 805 1,127 1,041 Far East & Oceania 348 361 364 Total tubes sales…
Investing in capacity to meet the growing needs of our customers New small diameter rolling mill in Mexico with an annual production capacity of 450,000 tons of pipes fully integrated with iron and steel making and finishing…
Summary We continue to strengthen our unique position in the industry Our financial strength and engineering capabilities enable us to undertake a major expansion program of organic growth Human resource base strengthened…