Al Yamamah Steel Industries

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Al Yamamah Steel reports a contracts backlog valued at SAR 1.1 billion. The company anticipates securing more contracts, which the CEO states will likely drive sales and profit growth in 2027. Leadership highlights ongoing project commitments as a key driver for future financial performance.

Oct 2026ArgaamNews article

Al Yamamah Steel Industries supplies steel towers worth **SAR 254.3 million** under two contracts with Algihaz Contracting. The towers support a **380 kV extra-high-voltage transmission project**, though the specific location or customer utility remains unstated. The deal expands the company’s presence in Saudi Arabia’s power infrastructure sector.

Oct 2026ArgaamNews article

Al-Yamamah Steel Industries Co. secures a **SAR 103.1 million contract** to provide steel towers for a branch of **National Power Construction Corporation Ltd. (NPCC)**. The deal supports infrastructure projects requiring specialized steel structures. The company expands its footprint in Saudi Arabia’s construction materials sector through this high-value procurement.

Sep 2026ArgaamNews article

Al Yamamah Company for Reinforcing Steel Bars, a subsidiary of Al Yamamah Steel Industries Co., finalizes a **SAR 500 million** Shariah-compliant financing agreement with **Arab National Bank (ANB)**. The deal supports the company’s operations in the reinforcing steel sector. The signing took place on **August 24**, marking a key financial milestone for the subsidiary.

Aug 2026ArgaamNews article