# Danieli wins $71M Saudi steel billet plant contract

Al Yamamah for Reinforcing Steel Bars Company awarded Danieli a SAR270 million ($71 million) contract to manufacture, supply, and install steel billet production equipment at its Saudi premises. The project is expected to be completed within two and a half years, by 2029.

- Type: Contract
- Announced: 2026-11-04
- Where: Saudi Arabia, Saudi Arabia
- Value: $71.0M
- Status: announced
- Products: steel billet production equipment
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Danieli](https://endata.com/companies/15743.md)
- [Al Yamamah for Reinforcing Steel Bars Company](https://endata.com/companies/15744.md) (customer)
- [Al Yamamah Steel Industries Company](https://endata.com/companies/15745.md) (investor)

## Sources

- [gulfconstructiononline.com](https://www.gulfconstructiononline.com/ArticleTA/465251/italian-group-danieli-wins-saudi-steel-billet-production-plant-contract-), 2026-11-04: "Under the SAR270 million ($71 million) contract, Danieli’s scope of work includes manufacture, supply and installation of the steel billet production equipment at its Saudi premises."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.