Al Yamamah Steel Signs SAR 94.9 Million Contract to Supply Steel Towers

Al Yamamah Steel Industries Co. announced on Monday the signing of a contract to supply steel towers with the National Contracting Company Ltd for the project to construct a 380 kv ultra-high voltage line in the central region worth 94.9 million riyals.

The Company stated that the contract duration is one year, stressing that the financial impact of this contract will appear during the third quarter of the fiscal year 2025.

According to the announcement published on “Tadawul”, the supply for the project will begin in May 2025.