Sandvik to supply China with generator tubes

Sandvik Materials Technology has signed a multi-year delivery agreement with Shanghai Electric Nuclear Power Equipment Co. Ltd for steam generator tubes to be used in the nuclear power industry in China. The contract is valued at over SEK 1 billion (US$125 million), and deliveries will begin on 2013. Sandvik is a global industrial group with advanced products in areas such as, metal cutting tools, equipment and tools for the mining and construction industries, stainless materials, special alloys, metallic and ceramic resistance materials, as well as process systems.Originals