Note 21 - Borrowings (Tables)
|
12 Months Ended |
Dec. 31, 2025 |
|---|
| Note 21 - Borrowings |
|
| Disclosure of detailed information about borrowings [text block] |
|
|
Year ended December 31,
|
|
|
|
2025
|
|
|
2024
|
|
|
Non-current
|
|
|
|
|
|
|
Bank borrowings
|
368
|
|
|
11,399
|
|
|
|
368
|
|
|
11,399
|
|
|
Current
|
|
|
|
|
|
|
Bank borrowings
|
305,151
|
|
|
411,541
|
|
|
Bank overdrafts
|
203
|
|
|
14,458
|
|
|
|
305,354
|
|
|
425,999
|
|
|
Total borrowings
|
305,722
|
|
|
437,398
|
|
|
| Disclosure of detailed information about the maturity of borrowings [text block] |
|
At December 31, 2025
|
1 year or less
|
|
|
1 - 2 years
|
|
|
2 – 3 years
|
|
|
Over 3 years
|
|
|
Total
|
|
|
Borrowings
|
305,354
|
|
|
-
|
|
|
92
|
|
|
276
|
|
|
305,722
|
|
|
Total borrowings
|
305,354
|
|
|
-
|
|
|
92
|
|
|
276
|
|
|
305,722
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest to be accrued
|
3,640
|
|
|
15
|
|
|
11
|
|
|
13
|
|
|
3,679
|
|
|
Total
|
308,994
|
|
|
15
|
|
|
103
|
|
|
289
|
|
|
309,401
|
|
|
At December 31, 2024
|
1 year or less
|
|
|
1 - 2 years
|
|
|
2 – 3 years
|
|
|
Over 3 years
|
|
|
Total
|
|
|
Borrowings
|
425,999
|
|
|
11,399
|
|
|
-
|
|
|
-
|
|
|
437,398
|
|
|
Total borrowings
|
425,999
|
|
|
11,399
|
|
|
-
|
|
|
-
|
|
|
437,398
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest to be accrued
|
6,270
|
|
|
672
|
|
|
-
|
|
|
-
|
|
|
6,942
|
|
|
Total
|
432,269
|
|
|
12,071
|
|
|
-
|
|
|
-
|
|
|
444,340
|
|
|
| Disclosure of detailed information about significant borrowings [text block] |
|
In millions of U.S. dollars
|
|
|
|
|
|
Disbursement date
|
Borrower
|
Type
|
Final maturity
|
Outstanding
|
|
2025
|
Tubos de Acero de Mexico S.A.
|
Bilateral
|
2026
|
150
|
|
2025
|
Tubos de Acero de Mexico S.A.
|
Bilateral
|
2026
|
50
|
|
2025
|
Tenaris Tubocaribe Ltda.
|
Bilateral
|
2026
|
30
|
|
|
|
|
|
|
|
| Disclosure of detailed information about weighted average interest rates of borrowings [text block] |
|
|
2025
|
|
|
2024
|
|
|
Total borrowings
|
5.44%
|
|
|
6.52%
|
|
|
| Disclosure of detailed information about borrowings by currency and rate [text block] |
|
|
|
Year ended December 31,
|
|
|
Currency
|
Interest rates
|
2025
|
|
|
2024
|
|
|
SAR
|
Fixed
|
-
|
|
|
9,903
|
|
|
SAR
|
Variable
|
-
|
|
|
1,496
|
|
|
EUR
|
Fixed
|
368
|
|
|
-
|
|
|
Total non-current borrowings
|
|
368
|
|
|
11,399
|
|
|
|
|
Year ended December 31,
|
|
|
Currency
|
Interest rates
|
2025
|
|
|
2024
|
|
|
USD
|
Variable
|
230,622
|
|
|
260,866
|
|
|
USD
|
Fixed
|
3,057
|
|
|
9,173
|
|
|
EUR
|
Fixed
|
41
|
|
|
14,278
|
|
|
ARS
|
Fixed
|
19
|
|
|
8,551
|
|
|
SAR
|
Variable
|
-
|
|
|
3,018
|
|
|
SAR
|
Fixed
|
71,501
|
|
|
130,113
|
|
|
Others
|
Variable
|
88
|
|
|
-
|
|
|
Others
|
Fixed
|
26
|
|
|
-
|
|
|
Total current borrowings
|
|
305,354
|
|
|
425,999
|
|
|
| Disclosure of borrowings evolution [text block] |
|
|
Year ended December 31, 2025
|
|
|
|
2025
|
|
|
2024
|
|
|
At the beginning of the year
|
437,398
|
|
|
583,437
|
|
|
Translation differences
|
(632
|
) |
|
(6,805
|
) |
|
Proceeds and repayments, net
|
(117,114
|
) |
|
(128,761
|
) |
|
Interests accrued less payments
|
325
|
|
|
(3,707
|
) |
|
Overdrafts variation
|
(14,255
|
) |
|
(6,766
|
) |
|
At the end of the year
|
305,722
|
|
|
437,398
|
|
|