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Al Yamamah Steel Secures $55.2mn Contracts from L&T

Saudi Arabia’s Al Yamamah Steel Industries Co. announced in a statement that it has secured two new contracts for the supply of steel towers from Larsen & Toubro (L&T).

The combined value of the contract is SAR 207 million.

The contract is related to supplying steel towers for the two projects to construct a 380 kV ultra-high-voltage line in the central region. The duration of the contract is one year.

Earlier, the company announced it has awarded $82.4 million contracts from L&T.

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