Al Yamamah Steel signs SAR 207M contracts to supply project towers

15/10/2025 Argaam
Logo ofAl Yamamah Steel Industries Co.

Logo of Al Yamamah Steel Industries Co.

Al Yamamah Steel Industries Co. signed today, Oct. 15, two contracts with Larsen & Toubro Saudi Arabia with a total value of SAR 207.09 million. The new contracts are for the supply of steel towers for a 380 kV ultra-high-voltage transmission line project in the Central Region.

 

The company said in a statement on Tadawul that the first contract is valued at SAR 100.65 million, while the second amounts to SAR 106.44 million.

 

It further stated that both contracts are for a year and that supply is anticipated to start in March 2026.

 

The financial impact of the two contracts is expected to appear in Q1 2026, the company noted, adding that there are no related parties to either contract.

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