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Al-Yamama for Iron signs 103M riyal steel tower deal

Al-Yamama for Iron signs 103M riyal steel tower deal

Al Yamama Steel Industries Company signed a contract worth 103.14 million riyals with the branch of the National Power Organization to supply steel towers for the 380 kV Ultra High Voltage Line Project in the Western Region. The contract duration is one year, with supply operations starting in February 2027. The financial impact of the contract is expected to be reflected beginning with the first quarter of the 2027 fiscal year.

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