# Al Yamamah Steel Industries signs $77.8M contract with Hyundai Engineering & Construction

Al Yamamah Steel Industries has signed two contracts with a branch of Hyundai Engineering & Construction to supply steel towers for electricity transmission lines, including a 380 kV line and a 500 kV interconnection project between Saudi Arabia and Egypt. Total contract value is USD 77.8 million.

- Type: Contract
- Announced: 2022-04-01
- Where: Saudi Arabia
- Value: $77.8M
- Status: completed
- Products: steel towers for electricity transmission
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Al Yamamah Steel Industries Company](https://endata.com/companies/15745.md) (supplier)
- [Hyundai Engineering & Construction](https://endata.com/companies/17889.md) (customer)

## Sources

- [stockopedia.com](https://www.stockopedia.com/share-prices/hyundai-engineering-construction-KRX:000720/news/brief-al-yamamah-steel-industries-announces-two-contracts-sign-off-to-supply-steel-towers-019e6cba-9988-7ea6-823c-4784e5554f4a/), 2022-04-01: "CONTRACT TO SUPPLY OF STEEL TOWERS FOR ELECTRICITY TRANSMISSION LINES"

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