| FORM 6 - K |
| SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 |
| Report of Foreign Private Issuer Pursuant to Rule 13a - 16 or 15d - 16 of the Securities Exchange Act of 1934 |
| As of May 8, 2003 |
| TUBES OF STEEL OF MEXICO, S.A. (Translation of Registrant's name into English) |
| TUBOS DE ACERO DE MEXICO, S.A. Edificio Parque Reforma Campos Eliseos #400 Mexico, D.F., 11560 Mexico (Address of principal executive offices) |
| Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or 40-F. |
| Form 20-F [X] Form 40-F [ ] |
| 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. |
| Yes [ ] No [X] |
| If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-_________. |
| 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 Tubos de Acero de Mexico,S.A. press release announcing the payment of a dividend. |
| SIGNATURE |
| 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. |
| Date: May 8, 2003 |
| Tubos de Acero de Mexico, S.A. |
| By: /s/ Cecilia Bilesio Cecilia Bilesio Corporate Affairs |
| Jose Ramon Calderon Tamsa Intelligence +52-55-5282-9929 www.tamsa.com.mx | Cesar Villavicencio Citigate Financial (212) 840-0008 |
| MEXICO CITY (May 7, 2003) - Tubos de Acero de Mexico, S.A. (AMEX: TAM) today announced the following: |
| During the Shareholders Meeting held on April 30, 2003, shareholders approved a dividend payment of US$0.08748 per share or US$0.4374 per ADR (one ADR = five shares) of the 2002 issue currently in circulation. The Board of Directors has established May 15, 2003 as the payment date. |
| (i) The dividend payment approved corresponds entirely to retained taxed earnings. |