12:20 AM EDT, 07/17/2026 (MT Newswires) -- Al Yamamah Steel Industries (SASE:1304) said Thursday the steel billet production equipment signed on Wednesday was between its unit Al Yamamah for Reinforcing Steel Bars and Italian plants and machinery manufacturer Danieli (DAN.MI). The Saudi Arabian steel products company previously referred to the counterparty in the 270 million-Saudi-riyal deal as a "specialized European company."

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