<SEC-DOCUMENT>0001171843-23-001992.txt : 20230330
<SEC-HEADER>0001171843-23-001992.hdr.sgml : 20230330
<ACCEPTANCE-DATETIME>20230330061024
ACCESSION NUMBER:		0001171843-23-001992
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20230330
FILED AS OF DATE:		20230330
DATE AS OF CHANGE:		20230330

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TENARIS SA
		CENTRAL INDEX KEY:			0001190723
		STANDARD INDUSTRIAL CLASSIFICATION:	STEEL WORKS, BLAST FURNACES  ROLLING MILLS (COKE OVENS) [3312]
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-31518
		FILM NUMBER:		23777044

	BUSINESS ADDRESS:	
		STREET 1:		26, BOULEVARD ROYAL, 4TH FLOOR
		CITY:			LUXEMBOURG
		STATE:			N4
		ZIP:			L-2449
		BUSINESS PHONE:		1-888-300-5432

	MAIL ADDRESS:	
		STREET 1:		26, BOULEVARD ROYAL, 4TH FLOOR
		CITY:			LUXEMBOURG
		STATE:			N4
		ZIP:			L-2449
</SEC-HEADER>
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<TEXT>
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<P STYLE="font-size: 10pt; text-align: center; margin: 0"><B>FORM 6 - K</B></P>

<P STYLE="font-size: 10pt; text-align: center; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font-size: 10pt; text-align: center; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font-size: 10pt; text-align: center; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font-size: 10pt; text-align: center; margin: 0"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font-size: 10pt; text-align: center; margin: 0">Washington, D.C. 20549</P>

<P STYLE="font-size: 10pt; text-align: center; margin: 0">&nbsp;</P>

<P STYLE="font-size: 10pt; text-align: center; margin: 0">&nbsp;</P>

<P STYLE="font-size: 10pt; text-align: center; margin: 0"><B>Report of Foreign Private Issuer</B></P>

<P STYLE="font-size: 10pt; text-align: center; margin: 0"><B>Pursuant to Rule 13a - 16 or 15d - 16 of</B></P>

<P STYLE="font-size: 10pt; text-align: center; margin: 0"><B>the Securities Exchange Act of 1934</B></P>

<P STYLE="font-size: 10pt; text-align: center; margin: 0">&nbsp;</P>

<P STYLE="font-size: 10pt; margin: 0">&nbsp;</P>

<P STYLE="font-size: 10pt; margin: 0"><B>As of 30 March, 2023</B></P>

<P STYLE="font-size: 10pt; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font-size: 10pt; text-align: center; margin: 0"><B>TENARIS, S.A.</B></P>

<P STYLE="font-size: 10pt; text-align: center; margin: 0">(Translation of Registrant's name into English)</P>

<P STYLE="font-size: 10pt; text-align: center; margin: 0">&nbsp;</P>

<P STYLE="font-size: 10pt; text-align: center; margin: 0">26, Boulevard Royal, 4th floor</P>

<P STYLE="font-size: 10pt; text-align: center; margin: 0">L-2449 Luxembourg</P>

<P STYLE="font-size: 10pt; text-align: center; margin: 0">(Address of principal executive offices)</P>

<P STYLE="font-size: 10pt; text-align: center; margin: 0">&nbsp;</P>

<P STYLE="font-size: 10pt; text-align: center; margin: 0">&nbsp;</P>

<P STYLE="margin: 0; font-size: 10pt; text-indent: 21.3pt">Indicate by check mark whether the registrant
files or will file annual reports under cover Form 20-F or 40-F.</P>

<P STYLE="font-size: 10pt; text-align: center; margin: 0">&nbsp;</P>

<P STYLE="font-size: 10pt; text-align: center; margin: 0">Form 20-F <FONT STYLE="font-family: Symbol"><U> &Ouml; </U></FONT> &nbsp;Form
40-F___</P>

<P STYLE="font-size: 10pt; text-align: center; margin: 0">&nbsp;</P>

<P STYLE="font-size: 10pt; text-indent: 21.3pt; margin: 0">Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12G3-2(b) under the Securities Exchange
Act of 1934.</P>

<P STYLE="font-size: 10pt; text-align: center; margin: 0">&nbsp;</P>

<P STYLE="text-align: center; font-size: 10pt; margin-top: 0; margin-bottom: 0">Yes ___ No <FONT STYLE="font-family: Symbol"><U>&nbsp;&Ouml;&nbsp;</U></FONT> &nbsp;</P>

<P STYLE="font-size: 10pt; text-align: center; margin: 0">&nbsp;</P>

<P STYLE="font-size: 10pt; text-align: center; margin: 0"></P>

<P STYLE="margin: 0; font-size: 10pt; text-indent: 21.3pt">If &ldquo;Yes&rdquo; is marked, indicate below the file
number assigned to the registrant in connection with Rule 12g3-2(b): 82-__.</P>

<P STYLE="text-align: left; font-size: 10pt; margin: 0">&nbsp;</P>

<P STYLE="margin: 0; text-align: left; font-size: 10pt"></P>

<P STYLE="font-size: 10pt; text-align: justify; margin: 0"></P>

<!-- Field: Page; Sequence: 1 -->
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<P STYLE="margin: 0; font-size: 10pt; text-align: justify">The attached material is being furnished to the Securities and Exchange Commission
pursuant to Rule 13a-16 and Form 6-K under the Securities Exchange Act of 1934, as amended. This report contains Tenaris&rsquo;s Press
Release announcing Tenaris to Increase its Participation in Usiminas Control Group.</P>

<P STYLE="font-size: 10pt; margin: 0">&nbsp;</P>

<P STYLE="font-size: 10pt; margin: 0">&nbsp;</P>

<P STYLE="font-size: 10pt; text-align: justify; margin: 0"></P>

<P STYLE="font-size: 10pt; margin: 0">&nbsp;</P>

<P STYLE="text-align: center; font-size: 10pt; margin-top: 0; margin-bottom: 0">SIGNATURE</P>

<P STYLE="font-size: 10pt; margin: 0">&nbsp;</P>

<P STYLE="font-size: 10pt; margin: 0"></P>

<P STYLE="font-size: 10pt; margin: 0">&nbsp;</P>

<P STYLE="font-size: 10pt; margin: 0">Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused
this report to be signed on its behalf by the undersigned, thereunto duly authorized.</P>

<P STYLE="font-size: 10pt; margin: 0">&nbsp;</P>

<P STYLE="font-size: 10pt; margin: 0"></P>

<P STYLE="font-size: 10pt; margin: 0">&nbsp;</P>

<P STYLE="font-size: 10pt; margin: 0">Date: 30 March, 2023</P>

<P STYLE="font-size: 10pt; margin: 0">&nbsp;</P>

<P STYLE="font-size: 10pt; margin: 0"></P>

<P STYLE="text-align: center; font-size: 10pt; margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="text-align: center; font-size: 10pt; margin-top: 0; margin-bottom: 0">Tenaris, S.A.</P>

<P STYLE="font-size: 10pt; margin: 0">&nbsp;</P>

<P STYLE="font-size: 10pt; margin: 0"></P>

<P STYLE="font-size: 10pt; margin: 0">&nbsp;</P>

<P STYLE="font-size: 10pt; margin: 0">&nbsp;</P>

<P STYLE="font-size: 10pt; margin: 0">By: /s/ Cecilia Bilesio</P>

<P STYLE="font-size: 10pt; margin: 0">Cecilia Bilesio</P>

<P STYLE="font-size: 10pt; margin: 0">Corporate Secretary</P>

<P STYLE="font-size: 10pt; margin: 0">&nbsp;</P>

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<P STYLE="margin: 0; font-size: 10pt"><IMG SRC="hdr.jpg" ALT="">&nbsp;</P>

<P STYLE="font-size: 10pt; margin: 0; color: silver">&nbsp;</P>

<P STYLE="font-size: 10pt; margin: 0; color: silver">&nbsp;</P>

<P STYLE="font-size: 10pt; margin: 0; color: silver">Giovanni Sardagna</P>

<P STYLE="font-size: 10pt; margin: 0; color: silver">Tenaris</P>

<P STYLE="font-size: 10pt; margin: 0; color: silver">1-888-300-5432</P>

<P STYLE="font-size: 10pt; margin: 0; color: silver">www.tenaris.com</P>

<P STYLE="font-size: 10pt; margin: 0">&nbsp;</P>

<P STYLE="margin: 0; font-size: 10pt"></P>

<P STYLE="font-size: 10pt; text-align: justify; margin: 0">&nbsp;</P>

<P STYLE="font-size: 10pt; text-align: justify; margin: 0; color: #009900"><FONT STYLE="font-size: 12pt">Tenaris to Increase its Participation
in Usiminas Control Group</FONT></P>

<P STYLE="font-size: 10pt; margin: 0">&nbsp;</P>

<P STYLE="font-size: 10pt; text-align: justify; margin: 0"><B>Luxembourg, March 30, 2023</B> &ndash; Tenaris S.A. (NYSE and Mexico: TS
and EXM Italy: TEN) announced today that its Brazilian subsidiary Confab Industrial S.A., together with its affiliates Ternium Investments
and Ternium Argentina, all of which compose the T/T group within Usiminas control group, have entered into a share purchase agreement
to acquire from Nippon Steel Corporation, Mitsubishi and MetalOne (the &ldquo;NSC group&rdquo;), pro rata to their current participations
in the T/T group, 68.7 million ordinary shares of Usinas Sider&uacute;rgicas de Minas Gerais S.A. &ndash; USIMINAS (&ldquo;Usiminas&rdquo;)
at a price of BRL10 per ordinary share. Pursuant to the transaction, Tenaris would pay BRL 110 million (approximately USD21 million) in
cash for 11.0 million ordinary shares, increasing its participation in the Usiminas control group to 9.8%. The transaction is subject
to approval by Brazil&rsquo;s antitrust authorities and will be financed with cash on hand.</P>

<P STYLE="font-size: 10pt; text-align: justify; margin: 0">&nbsp;</P>

<P STYLE="font-size: 10pt; text-align: justify; margin: 0">The Usiminas control group holds the majority of Usiminas&rsquo; voting rights
and manages the company based on mutual trust. Upon the closing of this transaction, the T/T group will hold an aggregate participation
of 61.3% in the control group, with the NSC group and Previd&ecirc;ncia Usiminas (Usiminas employees&rsquo; pension fund) holding 31.7%
and 7.1%, respectively.</P>

<P STYLE="font-size: 10pt; text-align: justify; margin: 0">&nbsp;</P>

<P STYLE="font-size: 10pt; text-align: justify; margin: 0">The Usiminas control group members have also agreed a new governance structure
in the best interest of Usiminas. The T/T group will nominate a majority of the Usiminas board of directors, the CEO and four other members
of Usiminas board of officers, and ordinary decisions may be approved with a 55% majority of the control group shares.</P>

<P STYLE="font-size: 10pt; text-align: justify; margin: 0">&nbsp;</P>

<P STYLE="font-size: 10pt; text-align: justify; margin: 0">At any time after the second anniversary of the closing of the transaction,
the T/T group will have the right to buy the NSC group&rsquo;s remaining interest in the Usiminas control group (153.1 million ordinary
shares) at the higher of BRL10 per share and the 40-trading day average price per share immediately prior to the date of exercising the
option. In addition, the NSC group will have the right, at any time after the closing of the transaction, to withdraw its remaining shares
from the control group and sell them in the open market after giving the T/T group the opportunity to buy them at the 40-trading day average
price per share immediately prior to the NSC group&rsquo;s notice of withdrawal, as well as the right, at any time after the second anniversary
of the closing, to sell such shares to the T/T group at BRL10 per share.</P>

<P STYLE="font-size: 10pt; text-align: justify; margin: 0"><I>&nbsp;</I></P>

<P STYLE="font-size: 10pt; text-align: justify; margin: 0"><I></I></P>

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<P STYLE="margin: 0; font-size: 10pt; text-align: justify"><I>&nbsp;</I></P>

<P STYLE="font-size: 10pt; text-align: justify; margin: 0"><I>&nbsp;</I></P>

<P STYLE="margin: 0; font-size: 10pt; text-align: justify"><I>Some of the statements contained in this press release are &ldquo;forward-looking
statements.&rdquo; Forward-looking statements are based on management&rsquo;s current views and assumptions and involve known and unknown
risks that could cause actual results, performance or events to differ materially from those expressed or implied by those statements.</I></P>

<P STYLE="font-size: 10pt; text-align: justify; margin: 0"><I>&nbsp;</I></P>

<P STYLE="font-size: 10pt; text-align: justify; margin: 0"><I>Tenaris is a leading global supplier of steel tubes and related services
for the world&rsquo;s energy industry and certain other industrial applications.</I></P>

<P STYLE="font-size: 10pt; text-align: justify; margin: 0"><I>&nbsp;</I></P>

<P STYLE="font-size: 10pt; text-align: justify; margin: 0">&nbsp;</P>

<P STYLE="margin: 0; font-size: 10pt; text-align: justify">&nbsp;</P>

<P STYLE="margin: 0; font-size: 10pt; text-align: justify">&nbsp;</P>

<P STYLE="margin: 0; font-size: 10pt; text-align: justify">&nbsp;</P>

<P STYLE="border-bottom: Black 4pt solid; margin: 0; font-size: 10pt; text-align: justify">&nbsp;</P>

<P STYLE="margin: 0; font-size: 10pt; text-align: justify">&nbsp;</P>

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