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Al Yamamah Steel Industries Co.

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Namestring
Al Yamamah Steel Industries Co.
Legal namestring
Al Yamamah Steel Industries Company
Websiteurl
yamsteel.com
Company typeenum
Public
Founded yearint
1989
Descriptiontext

Al Yamamah Steel Industries Company is a Saudi Arabia-based, publicly listed (Tadawul: 1304) steel manufacturer incorporated in Riyadh in 1989 and operating production facilities in Jeddah, Dammam, and Yanbu with sales offices in Jeddah, Riyadh, and Dammam. The company produces five main product lines through dedicated business units: welded steel hollow sections (square, rectangular, and round tubes plus sheets), electrical poles and high masts (distribution poles up to 66 KV, lighting poles 3–16 m, high masts 20–45 m), overhead transmission line and telecom towers (OHTL towers up to 500 KV, telecom towers 6–150 m), three-dimensional space frames, and — more recently — solar and wind energy mounting structures. Reinforcing steel bars are produced through a majority-owned subsidiary, Al Yamamah Company for Reinforcing Steel Bars.

Manufacturing relies on CNC machining, electrical resistance welding (ERW), and one of the largest hot-dip galvanizing pools in the Middle East, with ISO 9001:2008-certified quality management covering towers and poles operations. Tower design is supported by industry-standard engineering software (PLS towers, Sag 10, X-Steel, BOCAD, AutoCAD) following ASCE 10-97, AISC, ANSI/TIA-222-G, and ACI 318 standards, enabling in-house design-to-fabrication for transmission and telecom structures.

The company generates revenue through direct, project-based hardware sales to three primary verticals: construction and infrastructure (Saudi Aramco as a marquee customer), electrical power transmission and distribution (Saudi Electricity Company, Alfanar), and telecommunications (telecom operators, with Masdar signaling adjacency into renewable energy EPCs). Pricing is not publicly disclosed; contracts are quoted on a project basis, with a SAR 106.4 million contract disclosed as a recent data point. The go-to-market is direct sales-led via physical offices, complemented by a corporate website and investor relations disclosures. Growth and capital structure are currently being shaped by a SAR 300 million rights offering at the rebar subsidiary that will dilute parent ownership from 72.5% to 51% in 2026 to fund a second-phase plant expansion.

Short descriptiontext

Al Yamamah Steel Industries is a Saudi publicly listed steel manufacturer producing welded tubes, reinforcement bars, poles, transmission and telecom towers, and space frames for construction, electrical, and telecom sectors across Saudi Arabia and MENA.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1,001–5,000
akta.pro rankint
HeadquartersRiyadh, Saudi Arabia
HQ citystring
Riyadh
HQ countrystring
Saudi Arabia
HQ regionstring
Middle East
Markets served

Serves global market

Offices5 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
welded steel tubes, structural steel products, transmission towers, galvanized steel poles, steel reinforcement bars
Industry2 codes
1Steel Plate, Sections & Welded Assemblies
CodeIMADACADPrimaryYes
2Telecom Tower & Mast Construction (Greenfield Builds, Foundations, Erection)
CodeIMAFAIACPrimaryNo
NAICS code2 codes
  • Plate Work and Fabricated Structural Product Manufacturing33231
  • Sheet Metal Work Manufacturing332322
SIC code2 codes
  • Fabricated Structural Metal Products3440
  • Sheet Metal Work3444
Product category
Steel Products Manufacturing
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model4 records
1Steel Products Manufacturing and Sales
TypeHardware Sales
Description

The company generates revenue through manufacturing and selling steel products including welded steel hollow sections (round, square, rectangular), steel sheets, steel reinforcement bars, and three-dimensional space structures for construction and infrastructure sectors.

yamsteel.com
2Electrical Poles and Accessories
TypeHardware Sales
Description

Production and sales of galvanized steel lighting poles, distribution poles, high mast poles, and accessories for electrical and distribution sector.

yamsteel.com
3Tower Manufacturing
TypeHardware Sales
Description

Design, fabrication, and galvanizing of overhead transmission line towers and telecommunication towers for power transmission and telecom infrastructure.

yamsteel.com
4Construction Contracts
TypeHardware Sales
Description

Signing contracts for steel products supply to construction projects, including a 106.4 million Riyals contract.

tradingview.com
Marketing channels3 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

Al Yamamah Steel Industries Co. manufactures and sells steel welded tubes, steel sheets, steel reinforcement bars, 3D space structures, galvanized lighting and distribution poles, high masts, OHTL (overhead transmission line) towers, and telecom towers. The company serves construction, electrical utility, and telecommunications sectors, primarily in Saudi Arabia and the wider MENA region, with production facilities in Jeddah, Dammam, and Yanbu and sales offices in Jeddah, Riyadh, and Dammam.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

Al Yamamah Steel Industries Company is a diversified steel manufacturer serving construction, electrical, and telecommunication sectors across Saudi Arabia and MENA. The company operates five main production lines producing Steel Hollow Sections (welded tubes, sheets, straps), Electrical Poles & High Masts (distribution poles up to 66KV, lighting poles, high masts), OHTL & Telecom Towers (transmission towers up to 500KV, telecom towers to 150M), Space Frames (three-dimensional structures), and Solar/Wind Energy Systems. Reinforcing Steel Bars are supplied through a subsidiary. Production facilities are located in Jeddah, Dammam, and Yanbu, with sales offices in Jeddah, Riyadh, and Dammam serving key clients including Saudi Aramco, Saudi Electric Co., and Al Fanar.

Product and service1 record
1Steel welded tubes
Scale indicator8 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
1Al Yamamah Company for Reinforcing Steel Bars
Strategic tierCoreTypeOthers
Description

A subsidiary of Al Yamamah Steel Industries Co. that produces reinforcing steel bars. The parent company held 72.5% stake, reduced to 51% after a SAR 300 million capital increase through rights offering in June 2026. The subsidiary is constructing a second phase plant.

yamsteel.com
Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers10 records
TypeRegional player
Description

UAE-based integrated steel producer serving construction and infrastructure markets across MENA. Comparable as a regional structural steel manufacturer serving similar end-markets in the GCC.

TypeRegional player
Description

Qatar-based steel manufacturer producing rebar and other steel products for construction. Comparable as a GCC steel producer serving similar construction-sector customers with overlapping product lines.

TypeDirect peer
Description

Listed Saudi steel pipe and tube manufacturer (TADAWUL:1320) producing welded steel pipes. Directly comparable as a Saudi-listed steel tube manufacturer serving similar construction and industrial customers in the same domestic market.

TypeBroad incumbent
Description

World's largest steel producer with broad product portfolio including structural sections and rebar. Comparable as a global steel incumbent whose pricing and capacity decisions influence regional steel markets where Al Yamamah operates.

TypeRegional player
Description

Egypt's largest steel producer and one of the largest in MENA, producing rebar and flat steel. Comparable as a regional structural steel manufacturer with rebar exposure serving MENA construction markets.

TypeRegional player
Description

Turkey's largest integrated steel producer serving domestic and export markets. Comparable as a regional steel manufacturer with flat and long product overlap with Al Yamamah's structural steel portfolio.

TypeDirect peer
Description

Subsidiary of Valmont Industries and one of the world's largest transmission and telecom tower manufacturers with operations in MENA. Directly comparable as a global lattice tower fabricator competing for similar utility and telecom contracts.

TypeRegional player
Description

Bahrain-based iron and steel producer serving MENA construction markets. Comparable as a GCC-based regional steel player with overlapping end-customer base in construction and infrastructure.

TypeDirect peer
Description

Indian EPC and tower fabrication group with significant power transmission tower manufacturing. Directly comparable as a transmission tower fabricator serving utility customers in growing grid markets.

TypeBroad incumbent
Description

SABIC-owned integrated steel producer in Saudi Arabia producing long and flat steel products. Comparable as a domestic Saudi steel incumbent with broader product portfolio and larger scale than Al Yamamah.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers4 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature5 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries1 record

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

Compliance2 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Al Yamamah Steel Industries Co.

Steel Products Manufacturingyamsteel.com

Al Yamamah Steel Industries is a Saudi publicly listed steel manufacturer producing welded tubes, reinforcement bars, poles, transmission and telecom towers, and space frames for construction, electrical, and telecom sectors across Saudi Arabia and MENA.

What Al Yamamah Steel Industries Co. does

Al Yamamah Steel Industries Company is a Saudi Arabia-based, publicly listed (Tadawul: 1304) steel manufacturer incorporated in Riyadh in 1989 and operating production facilities in Jeddah, Dammam, and Yanbu with sales offices in Jeddah, Riyadh, and Dammam. The company produces five main product lines through dedicated business units: welded steel hollow sections (square, rectangular, and round tubes plus sheets), electrical poles and high masts (distribution poles up to 66 KV, lighting poles 3–16 m, high masts 20–45 m), overhead transmission line and telecom towers (OHTL towers up to 500 KV, telecom towers 6–150 m), three-dimensional space frames, and — more recently — solar and wind energy mounting structures. Reinforcing steel bars are produced through a majority-owned subsidiary, Al Yamamah Company for Reinforcing Steel Bars.

Manufacturing relies on CNC machining, electrical resistance welding (ERW), and one of the largest hot-dip galvanizing pools in the Middle East, with ISO 9001:2008-certified quality management covering towers and poles operations. Tower design is supported by industry-standard engineering software (PLS towers, Sag 10, X-Steel, BOCAD, AutoCAD) following ASCE 10-97, AISC, ANSI/TIA-222-G, and ACI 318 standards, enabling in-house design-to-fabrication for transmission and telecom structures.

The company generates revenue through direct, project-based hardware sales to three primary verticals: construction and infrastructure (Saudi Aramco as a marquee customer), electrical power transmission and distribution (Saudi Electricity Company, Alfanar), and telecommunications (telecom operators, with Masdar signaling adjacency into renewable energy EPCs). Pricing is not publicly disclosed; contracts are quoted on a project basis, with a SAR 106.4 million contract disclosed as a recent data point. The go-to-market is direct sales-led via physical offices, complemented by a corporate website and investor relations disclosures. Growth and capital structure are currently being shaped by a SAR 300 million rights offering at the rebar subsidiary that will dilute parent ownership from 72.5% to 51% in 2026 to fund a second-phase plant expansion.

Al Yamamah Steel Industries Co. firmographics

Firmographics
Name
Al Yamamah Steel Industries Co.
Legal name
Al Yamamah Steel Industries Company
Website
https://yamsteel.com
Company type
Public
Founded year
1989
Operating status
Operating
Headcount range
1,001–5,000 employees
Short description
Al Yamamah Steel Industries is a Saudi publicly listed steel manufacturer producing welded tubes, reinforcement bars, poles, transmission and telecom towers, and space frames for construction, electrical, and telecom sectors across Saudi Arabia and MENA.
Ownership category
akta.pro rank

Al Yamamah Steel Industries Co. industry classification

Industry
Product category
Steel Products Manufacturing
NAICS
Plate Work and Fabricated Structural Product Manufacturing (33231), Sheet Metal Work Manufacturing (332322)
SIC
Fabricated Structural Metal Products (3440), Sheet Metal Work (3444)
akta.pro primary industry
Steel Plate, Sections & Welded Assemblies (IMADACAD)
akta.pro secondary industry
Telecom Tower & Mast Construction (Greenfield Builds, Foundations, Erection) (IMAFAIAC)

Keywords

  • Welded steel tubes
  • Structural steel products
  • Transmission towers
  • Galvanized steel poles
  • Steel reinforcement bars

Where Al Yamamah Steel Industries Co. is headquartered

Location

Headquarters

HQ city
Riyadh
HQ country
Saudi Arabia
HQ region
Middle East

Offices5 records

Markets served

Al Yamamah Steel Industries Co. business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D

Revenue model

  1. Steel Products Manufacturing and Sales: The company generates revenue through manufacturing and selling steel products including welded steel hollow sections (round, square, rectangular), steel sheets, steel reinforcement bars, and three-dimensional space structures for construction and infrastructure sectors.
  2. Electrical Poles and Accessories: Production and sales of galvanized steel lighting poles, distribution poles, high mast poles, and accessories for electrical and distribution sector.
  3. Tower Manufacturing: Design, fabrication, and galvanizing of overhead transmission line towers and telecommunication towers for power transmission and telecom infrastructure.
  4. Construction Contracts: Signing contracts for steel products supply to construction projects, including a 106.4 million Riyals contract.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Al Yamamah Steel Industries Co. product offering

Product offering

Core offering

Al Yamamah Steel Industries Co. manufactures and sells steel welded tubes, steel sheets, steel reinforcement bars, 3D space structures, galvanized lighting and distribution poles, high masts, OHTL (overhead transmission line) towers, and telecom towers. The company serves construction, electrical utility, and telecommunications sectors, primarily in Saudi Arabia and the wider MENA region, with production facilities in Jeddah, Dammam, and Yanbu and sales offices in Jeddah, Riyadh, and Dammam.

Product overview

Al Yamamah Steel Industries Company is a diversified steel manufacturer serving construction, electrical, and telecommunication sectors across Saudi Arabia and MENA. The company operates five main production lines producing Steel Hollow Sections (welded tubes, sheets, straps), Electrical Poles & High Masts (distribution poles up to 66KV, lighting poles, high masts), OHTL & Telecom Towers (transmission towers up to 500KV, telecom towers to 150M), Space Frames (three-dimensional structures), and Solar/Wind Energy Systems. Reinforcing Steel Bars are supplied through a subsidiary. Production facilities are located in Jeddah, Dammam, and Yanbu, with sales offices in Jeddah, Riyadh, and Dammam serving key clients including Saudi Aramco, Saudi Electric Co., and Al Fanar.

Differentiator

Problem solved

Functional benefit

Products and services

  • Steel welded tubes

Companies that use Al Yamamah Steel Industries Co.

Customer profile

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Al Yamamah Steel Industries Co. technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature5 records

Al Yamamah Steel Industries Co. partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • Al Yamamah Company for Reinforcing Steel BarscoreOthersA subsidiary of Al Yamamah Steel Industries Co. that produces reinforcing steel bars. The parent company held 72.5% stake, reduced to 51% after a SAR 300 million capital increase through rights offering in June 2026. The subsidiary is constructing a second phase plant.

Scale indicators8 records

Recent moves6 records

Expansion highlights4 records

Al Yamamah Steel Industries Co. competitors and assessment

Company assessment

Regional players

  • Emirates Steel Arkan: UAE-based integrated steel producer serving construction and infrastructure markets across MENA. Comparable as a regional structural steel manufacturer serving similar end-markets in the GCC.
  • Qatar Steel Company: Qatar-based steel manufacturer producing rebar and other steel products for construction. Comparable as a GCC steel producer serving similar construction-sector customers with overlapping product lines.
  • Ezz Steel: Egypt's largest steel producer and one of the largest in MENA, producing rebar and flat steel. Comparable as a regional structural steel manufacturer with rebar exposure serving MENA construction markets.
  • Erdemir Group (Ereğli Demir ve Çelik): Turkey's largest integrated steel producer serving domestic and export markets. Comparable as a regional steel manufacturer with flat and long product overlap with Al Yamamah's structural steel portfolio.
  • Bahrain Steel: Bahrain-based iron and steel producer serving MENA construction markets. Comparable as a GCC-based regional steel player with overlapping end-customer base in construction and infrastructure.

Direct peers

  • Saudi Steel Pipe Company: Listed Saudi steel pipe and tube manufacturer (TADAWUL:1320) producing welded steel pipes. Directly comparable as a Saudi-listed steel tube manufacturer serving similar construction and industrial customers in the same domestic market.
  • SAE Towers (Valmont Industries): Subsidiary of Valmont Industries and one of the world's largest transmission and telecom tower manufacturers with operations in MENA. Directly comparable as a global lattice tower fabricator competing for similar utility and telecom contracts.
  • Kalpataru Projects International (Transmission Business): Indian EPC and tower fabrication group with significant power transmission tower manufacturing. Directly comparable as a transmission tower fabricator serving utility customers in growing grid markets.

Broad incumbents

  • ArcelorMittal: World's largest steel producer with broad product portfolio including structural sections and rebar. Comparable as a global steel incumbent whose pricing and capacity decisions influence regional steel markets where Al Yamamah operates.
  • Hadeed (Saudi Iron and Steel Company): SABIC-owned integrated steel producer in Saudi Arabia producing long and flat steel products. Comparable as a domestic Saudi steel incumbent with broader product portfolio and larger scale than Al Yamamah.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

Al Yamamah Steel Industries Co. social profiles

Digital presence

Al Yamamah Steel Industries Co. compliance and trust

Trust signal

Compliance2 records

Al Yamamah Steel Industries Co. financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Al Yamamah Steel Industries Co. leadership team

Management profile

Number of profiles

Profiles1 record

Al Yamamah Steel Industries Co. subsidiaries and ownership

Company hierarchy

Subsidiaries1 record

Al Yamamah Steel Industries Co. funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Al Yamamah Steel Industries Co. M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Al Yamamah Steel Industries Co.

What does Al Yamamah Steel Industries Co. do?

Al Yamamah Steel Industries Co. manufactures and sells steel welded tubes, steel sheets, steel reinforcement bars, 3D space structures, galvanized lighting and distribution poles, high masts, OHTL (overhead transmission line) towers, and telecom towers. The company serves construction, electrical utility, and telecommunications sectors, primarily in Saudi Arabia and the wider MENA region, with production facilities in Jeddah, Dammam, and Yanbu and sales offices in Jeddah, Riyadh, and Dammam.

Is Al Yamamah Steel Industries Co. a public or private company?

Al Yamamah Steel Industries Co. is a public company. It is classified as public and is currently operating.

When was Al Yamamah Steel Industries Co. founded?

Al Yamamah Steel Industries Co. was founded in 1989. It employs 1,001 to 5,000 people.

Where is Al Yamamah Steel Industries Co. based?

Al Yamamah Steel Industries Co. is headquartered in Riyadh, Saudi Arabia, in the Middle East region.

How does Al Yamamah Steel Industries Co. make money?

Four revenue lines are on record. Steel Products Manufacturing and Sales are the primary driver. The others are electrical Poles and Accessories, tower Manufacturing and construction Contracts.

Who are Al Yamamah Steel Industries Co.'s main competitors?

Regional players on record are Emirates Steel Arkan, Qatar Steel Company, Ezz Steel, Erdemir Group (Ereğli Demir ve Çelik) and Bahrain Steel. Direct peers are Saudi Steel Pipe Company, SAE Towers (Valmont Industries) and Kalpataru Projects International (Transmission Business). Broad incumbents are ArcelorMittal and Hadeed (Saudi Iron and Steel Company).

Does Al Yamamah Steel Industries Co. have an API?

No public API is recorded for Al Yamamah Steel Industries Co..

What industry is Al Yamamah Steel Industries Co. in?

Al Yamamah Steel Industries Co.'s product category is Steel Products Manufacturing. Its primary akta.pro industry code is IMADACAD, Steel Plate, Sections & Welded Assemblies, with a secondary code of IMAFAIAC, Telecom Tower & Mast Construction (Greenfield Builds, Foundations, Erection). Its NAICS code is 33231 and its SIC code is 3440.

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Live signals
ArgaamAl-Yamamah Steel signs SAR 103.1M contract to supply steel towersAl-Yamamah Steel signed a SAR 103.14 million contract to supply steel towers for a 380 kV transmission line project in Saudi Arabia's Western Region. The one-year contract begins supply in February 2027, with financial impact recorded in Q1 2027.Shanghai Metals MarketSaudi Arabia-based Al Yamamah Steel Industries has taken another stepAl Yamamah Company for Reinforcing Steel Bars, a subsidiary of Saudi-based Al Yamamah Steel Industries, secured SAR 500 million ($133 million) in financing from Arab National Bank on August 24 to build a new billet production plant. The plant's location and capacity were not disclosed, though earlier reports pointed to Yanbu with capacity around 1 million mt/year.ArgaamAl Yamamah Steel subsidiary signs SAR 500M financing deal with ANBAl Yamamah Company for Reinforcing Steel Bars Co., a subsidiary of Al Yamamah Steel Industries, signed a SAR 500 million Shariah-compliant credit facilities agreement with Arab National Bank (ANB). The seven-year financing is secured by a promissory note and will be utilized to establish a new steel billet plant.SahmcapitalAl Yamamah Steel Unit Signs SAR 270M Billet Equipment ContractAl Yamamah Steel Industries Company's subsidiary signed a SAR 270 million contract with a European company to manufacture, supply, and install steel billet production equipment. The contract has a duration of two and a half years, with the financial impact expected in late 2028.ArgaamAl Yamamah Steel unit inks SAR 270M contractAl Yamamah for Reinforcing Steel Bars Co., a subsidiary of Al Yamamah Steel Industries Co., signed a SAR 270 million contract with a specialized European company to manufacture, supply, and install steel billet production equipment. The contract has a term of two and a half years, with the financial impact expected to be reflected in the second half of 2028. The announcement was made in accordance with Tadawul disclosure and transparency requirements.ArgaamAl Yamamah Steel to hold 51% stake in subsidiary post-capital hikeThe extraordinary general assembly of Al Yamamah Company for Reinforcing Steel Bars, a subsidiary of Al Yamamah Steel Industries Co., approved a capital hike proposal involving the issuance of 25 million new shares. The SAR 300 million capital increase through a rights offering at SAR 12 per share will dilute Al Yamamah Steel's ownership stake from 72.5% to 51%, though the parent company will subscribe to 6.3 million shares worth SAR 75.6 million. The transaction remains subject to obtaining necessary regulatory approvals.SahmcapitalAl Yamamah Steel Subscribes SAR 75.6M Capital IncreaseOn June 25, 2026, Al Yamamah Steel Industries Company announced that its subsidiary, Al Yamamah Company for Reinforcing Steel Bars, approved issuing 25 million new shares at SAR 12 per share to raise capital for its second phase plant construction. The parent company will subscribe to 6.3 million shares for SAR 75.6 million using its own resources, which will reduce its ownership stake in the subsidiary from 72.5% to 51%. The capital increase is intended to strengthen the subsidiary's financial position and fund operational expansion.SahmcapitalSaudi Fisheries Co.: The daily gain is 10.0%, the stock price has risen.The article reports on the top 10 daily stock gainers on the Saudi Stock Exchange (Tadawul) for June 22, 2026. Saudi Fisheries Co. led the gainers with a 10% daily price increase, followed by Thimar Development Holding Co. at 5.2% and Al Yamamah Steel Industries Co. at 4.1%. The Tadawul All Shares Index declined slightly by 0.04% to close at 11,072.4 points, while the Parallel Market Capped Index rose by 0.11% to 23,227.0 points.Simply Wall StAl Yamamah Steel Industries (SASE:1304)This is a company analysis page for Al Yamamah Steel Industries (SASE:1304), a Saudi Arabian manufacturer of steel products for construction, electrical, and telecommunication sectors. The page presents stock performance metrics including 60% share price return over the past year, stable weekly volatility of 4%, and Q2 2025 earnings data showing EPS of SAR 0.43 compared to SAR 0.60 in Q2 2024. The company has also undergone changes in dividend policy, with no cash dividends distributed for the second half of fiscal year 2022.