Tenaris starts Canadian TN 95EY production, stock pre-market at EUR 52.50
Published on 10/14/2026 at 07:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSCanadian production expands
- Tenaris announced domestic production of TN 95EY in Canada on October 13, 2026.
- Tenaris stock was at EUR 52.50 pre-market at 7:52 a.m. CEST on October 14, 2026, at Lang & Schwarz.
- Tenaris said its Canadian operations employ more than 1,300 people.
- The company said it has invested more than CAD 355 million in Canada since 2020.
Tenaris announced on October 13, 2026, that it had started domestic production of its TN 95EY proprietary steel grade in Ontario. At Lang & Schwarz, Tenaris stock was at EUR 52.50 at 7:52 a.m. CEST on October 14, 2026. The real-time quote of Tenaris stock shows the ongoing pre-market trading.
Canadian steel grade production
According to GlobeNewswire, the grade is being produced at Tenaris's Sault Ste. Marie Industrial Centre for Western Canadian energy operators. The company said the product is designed for oil and gas applications involving high pressure, high temperature and sour-service conditions, including unconventional plays in the Montney and Duvernay formations.
GlobeNewswire reported that Tenaris's Canadian operations employ more than 1,300 people. The company also said it had invested more than CAD 355 million in its Canadian operations since 2020.
