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Al Yamamah Steel Industries to Supply Steel Towers to Algihaz Contracting Co

MT Newswires·10/05/2026 11:10:18
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11:10 AM EDT, 10/05/2026 (MT Newswires) -- Al Yamamah Steel Industries (SASE:1304) secured a 135.6 million-Saudi-riyal steel tower supply contract from Algihaz Contracting Co. The one-year supply of steel towers, starting in March 2027, will support a project to construct a 380-kilovolt ultra-high-voltage line in Saudi Arabia's Western region, the steel product manufacturer said Monday. In a separate same-day release, Al Yamamah said it won a contract worth 118.6 million riyals for the supply of steel towers, beginning in March 2027.