Company: TNRSF
Filing Date: 2025-05-01
Form Type: 6-K
Source: 0001171843-25-002694
Chunk: 30

Company: TENARIS SA
Filing Date: 2025-05-01
Form: 6-K
Chunk 30
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 subsidiaries of the Company entered into a long-term contract with Praxair S.A. for the service                                
 of oxygen and nitrogen supply. As of March 31, 2025, the aggregate amount to take or pay the committed volumes for an original 14-year 
 term totaled approximately $27.1 million.                                                                                              |

| § | A U.S. subsidiary of the Company is a party to a contract with Nucor Steel Memphis Inc. under which it                                   
 is committed to purchase on a monthly basis a specified minimum volume of steel bars, at prices subject to quarterly adjustments. The    
 contract became effective in April 2021, with an original duration of 3 years. In September 2023, the parties agreed to extend its term  
 until December 31, 2024, and in October 2024, agreed a renovation until December 31, 2025. As of March 31, 2025, the estimated aggregate 
 contract amount calculated at current prices was approximately $48.3 million. The contract gives the                                     
 subsidiary of the Company the right to temporarily reduce the quantities to be purchased thereunder to 75% of the agreed-upon minimum    
 volume in cases of material adverse changes in prevailing economic or market conditions.                                                 |

| § | Certain subsidiaries of the Company entered into a long-term contract with the supplier JFE Steel Corporation                            
 for the purchase of tubular material, including 13 chrome alloy products. Such contract foresees a penalty for a maximum amount of $22.3 
 million in case of early termination. The contract will be in effect until June 30, 2029.                                                |

| § | Certain subsidiaries of the Company entered into short-term agreements with Vestas Group for the supply                                          
 of materials and services related to the construction of a wind farm in Argentina. As of March 31, 2025, the amount related to these commitments 
 was $81.0 million.                                                                                                                               |

| § | An Argentine subsidiary of the Company entered into short-term agreements with COARCO S.A. for execution                                
 of civil and electrical works, including auxiliary services, related with the construction of a wind farm in Argentina. As of March 31, 
 2025, the remaining amount related to these commitments was $12.9 million.                                                              |

| § | A U.S. subsidiary of the Company entered into a one-year agreement with U.S. Steel Corporation under which                              
 it is committed to take or pay on a monthly basis a specified minimum