Al Yamamah Steel Unit Signs SAR 270M Billet Equipment Contract

ALYAMAMAH STEEL

1304.SA

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On July 15, 2026, Al Yamamah Steel Industries Company announced that its subsidiary, Al Yamamah for Reinforcing Steel Bars Company, signed a contract on July 14, 2026, with a specialized European company for the manufacturing, supply, and installation of steel billet production equipment, valued at SAR 270,000,000. The contract spans two and a half years, with the financial impact expected to be reflected in the second half of 2028.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=96810&anCat=1&cs=1304&locale=ar

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