Al Yamamah Steel inks SAR 176.5M tower supply deal

04:14 PM (Mecca time) Argaam
Logo ofAl Yamamah Steel Industries Co.

Logo of Al Yamamah Steel Industries Co.

Al Yamamah Steel Industries Co. signed today, Nov. 11, a supply contract worth SAR 176.5 million with Arabian Electrical Transmission Line Construction Co.

 

In a statement on Tadawul, the company said the one-year contract covers the supply of steel towers for a 380 kV ultra-high-voltage transmission line project in the Western Region, with deliveries scheduled to begin in April 2026.

 

The financial impact of the contract is expected to appear in the second quarter of 2026. There are no related parties to the deal, the statement added.

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