A high strength corrosion resistant tubing comprises about 35 to about 55% Ni, about 12 to about 25% Cr, about 0.5 to about 5% Mo, up to about 3% Cu, about 2.1 to about 4.5% Nb, about 0.5 to about 3% Ti, about 0.05 to about 1.0% Al, about 0.005 to about 0.04% C, balance Fe plus incidental impurities and deoxidizers. The composition also satisfies the equation: (Nb−7.75 C)/(Al+Ti)=about 0.5 to about 9. A process for manufacturing the tubing includes: extruding the alloy to form a tubing; cold working the extruded tubing; annealing the cold worked tubing; and applying at least one age hardening step to the annealed tubing. Another process includes extruding the alloy at a temperature of about 2050° F. or less; annealing the extruded tubing; and applying at least one age hardening step to the annealed tubing.