Al Yamamah Steel inks SAR 37 mln deal for electric towers

12/01/2017 Argaam

Al Yamamah Steel Industries Co. signed a SAR 36.77 million electric tower deal with L&T Electrical & Automation Saudi Arabia Co. Ltd. (LTESA), the steel company said in a statement to Tadawul on Thursday.

 

The delivery will be over ten months beginning January 2017, Al Yamamah Steel added.

 

The financial impact of the deal will show starting the second quarter of this year. 

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