Tenaris, the world’s largest steel pipe producer, has announced a halt to sales and purchases in Russia.
It is said in a statement.
“Tenaris has stopped all sales and purchases in Russia,” Tenaris said.
The company also decided to write off its investments in the Russian joint venture it had with Severstal.
Tenaris also announced that it supplies medical products to Ukrainian pediatric hospitals in partnership with the Francesca Rava Foundation.
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