Company: TNRSF
Filing Date: 2025-08-01
Form Type: 6-K
Source: 0001171843-25-004951
Chunk: 9

Company: TENARIS SA
Filing Date: 2025-08-01
Form: 6-K
Chunk 9
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 radioactive materials and environmental protection governing air emissions, water discharges and waste
management. Laws and regulations protecting the environment have become increasingly complex and more stringent and expensive to implement
in recent years. Additionally, international environmental requirements vary. Environmental laws and regulations may, in some cases, impose
strict liability rendering a person liable for damages to natural resources or threats to public health and safety without regard to negligence
or fault. Some environmental laws provide for joint and several strict liability for remediation of spills and releases of hazardous substances.
These laws and regulations may expose us to liability for the conduct of or conditions caused by others or for acts made in compliance
with all applicable laws at the time they were performed. Compliance with applicable requirements and the adoption of new requirements
could have a material adverse effect on our consolidated financial condition, results of operations or cash flows. The costs and ultimate
impact of complying with environmental laws and regulations are not always clearly known or determinable since regulations under some
of these laws have not yet been promulgated or are undergoing revision. The expenditures necessary to remain in compliance with these
laws and regulations, including site or other remediation costs, or costs incurred as a result of potential violations of environmental
laws could have a material adverse effect on our financial condition and profitability. While we incur and will continue to incur expenditures
to comply with applicable laws and regulations, there always remains a risk that environmental incidents or accidents may occur that may
negatively affect our reputation or our operations. In addition, our oil and gas casing, tubing and line pipe products (including specialty
tubing) are sold primarily for use in oil and gas drilling, gathering, transportation, processing and power generation facilities, which
are subject to inherent risks, including well failures, line pipe leaks, blowouts, bursts and fires, that could result in death, personal
injury, property damage, environmental pollution, damage to equipment and facilities or loss of production. Any of these hazards and risks
can result in environmental liabilities, personal injury claims and property damage.

Competition in the global market for steel pipe products may cause us to lose market share and
hurt our sales and profitability. In addition, there is an increased risk that unfairly traded steel pipe imports in markets in which
Tenaris produces and sells its products may affect Tenaris’s market share, deteriorate the pricing environment and hurt sales and
profitability.

Because of the global nature of our operations, we export and import products from several countries
and, in many jurisdictions,