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CFDs come with a high risk of losing money rapidly due to leverage. 71% of accounts lose money when trading CFDs with this provider. You should understand how CFDs work and consider if you can take the risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

71% of retail investor accounts lose money when trading CFDs with this provider.


Tenaris-EUR Stock

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Tenaris (TENm.MI) is a global leader in the production and supply of seamless and welded steel pipe products for the energy industry, particularly the oil and gas sector. Founded in 2001 in Argentina, the company quickly expanded its operations worldwide and established a reputation for providing high-quality tubular solutions.

It plays a pivotal role in oilfield projects, offering a range of products for drilling, casing, and tubing. Its innovation-driven approach and commitment to sustainability have made it a key player in the energy sector. The company went public in 2002, and since then, it has continued to grow and diversify its offerings while maintaining a strong presence in the global energy market.

Tenaris stock has had an interesting share price history over the past five years. The stock's price has fluctuated several times, hitting its lowest point in October 2020 at €3.76. In February 2023, the stock reached its highest point in the past five years, trading at €17.88.

Examining these fluctuations, traders may use different trading strategies for example, day traders may buy and sell the stock on the same day, while swing traders may hold the stock for several days or weeks. Position traders, on the other hand, may hold the stock for several months or years. Traders may also use various tools and indicators such as candlestick patterns and chart patterns to analyze the stock's movements. Candlestick patterns are a popular tool, displaying the stock's price action over a specific time frame while chart patterns, such as head and shoulders, may also help traders identify potential trends in the stock.

Below are some of the main competitors worth considering before you start trading Tenaris stock:

  • Norma Group (NOEJ.DE) is a global technology company that specializes in engineered joining technology solutions. Established in 1949 in Germany, Norma Group designs and manufactures a wide range of clamps, connectors, and fluid systems that are used in various industries, including automotive, industrial, and water management.
  • Black & Decker (SWK.US) is a Fortune 500 American manufacturer of industrial tools, household hardware, and a provider of security products. The company's history dates back to 1910 when S. Duncan Black and Alonzo G. Decker established a small machine shop. Today, Black & Decker is a well-known brand offering a wide range of power tools, home improvement products, and security solutions.

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* The spreads provided are a reflection of the time-weighted average. Though Skilling attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. The above is provided for indicative purposes only. Clients are advised to check important news announcements on our Economic Calendar, which may result in the widening of spreads, amongst other instances.

The above spreads are applicable under normal trading conditions. Skilling has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions'.

Trade [[data.name]] with Skilling

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Why Trade [[data.name]]

Make the most of price fluctuations - no matter what direction the price swings and without capital restrictions that come with buying the underlying asset.


Capitalise on rising prices (go long)


Capitalise on falling prices (go short)


Trade with leverage
Hold larger positions than the cash you have at your disposal


Trade on volatility
No need to own the asset


No commissions
Just low spreads


Manage risk with in-platform tools
Ability to set take profit and stop loss levels