Al Yamamah Steel Industries Unit Bags SAR270 Million Order

02:59 AM EDT, 07/15/2026 (MT Newswires) -- Al Yamamah Steel Industries (SASE:1304) unit Al Yamamah for Reinforcing Steel Bars signed a 270 million-Saudi-riyal contract to manufacture, supply, and install steel billet production equipment for a European company. The impact of the 2.5-year contract will be reflected in the financials of the steel products manufacturer in the second half of 2028, according to a Wednesday release.