Al Yamamah Steel Industries won a steel towers supply order worth around USD 25 mln, the company announced in a stock exchange filing.
The company said that it signed a contract to supply steel towers with National Contracting Company for the project to build a 380 KV ultra-high voltage line in the central region.
The supply of steel towers will start in May 2025, the company said, adding that the financial impact of the contract will appear in Q3 2025.
Al Yamamah Steel specializes in the manufacturing and sale of a variety of products including welded tubes, sheets, rebars, and three-dimensional space structures, primarily serving the buildings and infrastructure sector. The company also produces galvanized steel lighting and distribution poles, high mast structures, and galvanized steel lattice towers for the electrical and distribution industry. Its production facilities are strategically located in Jeddah, Dammam, and Yanbu.
