Sandvik signs $85.5M contract for stainless steel tubes

Sandvik has signed a contract worth approximately $85.5 million to supply stainless steel tubes for 155 miles of umbilicals used in oil and gas installations. Deliveries will take place from the end of 2017 through the first half of 2018.

“Sweden-based Sandvik has signed a contract for the supply of stainless steel tubes required for 155 miles of umbilicals.”thefabricator.com

• 2 sources
• thefabricator.comSandvik receives $85.5 million contract for stainless steel tubesOct 24, 2017
• im-mining.comGlencore, Redpath and Sandvik in it for the long haul at Lady Loretta - International MiningDaniel GleesonMar 7, 2019

Summarized from public sources; check the original articles before acting on it.