This specification covers one grade of silicone compound with a corrosion inhibitor for application to unpainted threaded or nonthreaded mating surfaces of ferrous components between -65 degrees Fahrenheit (degrees F) (-53.89 degrees Celsius (degrees C)) and 160 degrees F (71.1 degrees C). This industrial lubricant is also appropriate for use as a silicone lubricating compound for components fabricated from rubber.