Al Yamamah Steel Industries Co. announced on Sunday that it has signed a contract with Trading & Development Partnership to supply steel towers for a project to construct a 380 kV ultra-high voltage line in the eastern region. The contract is valued at SAR 97.5 million.
In its statement on Tadawul, the company outlined the following details:
- Contract Duration: One year
- Supply Start Date: May 2025
- Financial Impact: The financial impact of this contract is expected to be reflected in the third quarter of the fiscal year 2025.
This agreement highlights Al Yamamah Steel’s role in supporting critical infrastructure development projects in the Kingdom.
