# 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.

- Type: Contract
- Announced: 2017-10-24
- Where: Lady Loretta, Queensland, Australia
- Value: $85.5M
- Status: announced
- Capacity: 133,000 t/mth
- Products: stainless steel tubes for umbilicals
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Sandvik](https://endata.com/companies/6190.md)
- [Sandvik](https://endata.com/companies/6190.md) (supplier)
- [Glencore](https://endata.com/companies/22952.md) (customer)
- [Redpath Australia](https://endata.com/companies/37858.md) (supplier)

## Sources

- [thefabricator.com](https://www.thefabricator.com/thefabricator/news/metalsmaterials/sandvik-receives-85-5-million-contract-for-stainless-steel-tubes), 2017-10-24: "Sweden-based Sandvik has signed a contract for the supply of stainless steel tubes required for 155 miles of umbilicals."
- [im-mining.com](https://im-mining.com/2019/03/07/glencore-redpath-sandvik-long-haul-lady-loretta/), 2019-03-07: "Operating a mine is an exciting proposition for Redpath."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.