Sandvik receives advanced tubular orders

Sandvik’s business area Sandvik Materials Technology, a world-leading developer and producer of advanced stainless steels and other high-performance materials, has secured several orders for advanced tubes related to the oil and gas industry. The total order value is approximately 500 million SEK, booked in the third quarter of 2018, and deliveries are scheduled as from the fourth quarter 2018.

Stockholm, 3 September 2018

Sandvik AB

For further information, contact Ann-Sofie Nordh, Vice President Investor Relations, phone: +46 8 456 14 94 or Martin Blomgren, Press and Media Relations Manager, phone: +46 70 577 0549.

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Sandvik Group
Sandvik is a high-tech and global engineering group offering products and services that enhance customer productivity, profitability and safety. We hold world-leading positions in selected areas – tools and tooling systems for metal cutting; equipment and tools, service and technical solutions for the mining and construction industries; products in advanced stainless steels and special alloys as well as products for industrial heating. In 2017, the Group had approximately 43,000 employees and sales of 91 billion SEK in more than 150 countries within continuing operations.

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