Gabriel Podskubka

“Thank you, Giovanni, and I would like to extend a warm welcome to all of you participating in our call today. Our second quarter results clearly reflect the impact of the Middle East conflict and disruption in the Strait of Hormuz, as well as the consequent impact of logistics and energy cost increases.”

“Before we go to our results, I would like to express that I am deeply honored by the trust that Paolo Roca and the Tenaris Board of Directors have placed in me, and with it, the enormous responsibility of leading this company in the next phase of growth.”

“Before we go to our results, I would like to express that I am deeply honored by the trust that Paolo Roca and the Tenaris Board of Directors have placed in me, and with it, the enormous responsibility of leading this company in the next phase of growth.”

“Alessandro, the Middle East business, I would say, is overall stable at good levels. If we break down the important components. Saudi, as you know, has been decreasing activity in the first half of the year, but we see this drop in rates stabilize.”

“To give you an overall perspective of the offshore market, which is an important driver for the pipeline business and also for the OCTG business in this segment, I would say that the market dynamic is overall positive.”