BRIEF-Al Yamamah Steel Unit Signs Contract For Steel Billet Production Equipment With European Co

ALYAMAMAH STEEL

ALYAMAMAH STEEL

1304.SA

0.00

July 15 (Reuters) - Al Yamamah Steel Industries 1304.SE:

  • SUBSIDIARY SIGNS CONTRACT FOR STEEL BILLET PRODUCTION EQUIPMENT WITH EUROPEAN COMPANY

  • CONTRACT VALUE EQUIVALENT TO SAR 270 MILLION

  • CONTRACT FOR MANUFACTURING, SUPPLY, INSTALLATION OF STEEL BILLET PRODUCTION EQUIPMENT

  • CONTRACT DURATION TWO AND A HALF YEARS

  • FINANCIAL IMPACT OF CONTRACT IS EXPECTED TO BE REFLECTED IN H2 2028

Source text: ID:nSSE3DnJpx

Further company coverage: 1304.SE


This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.