Riyadh – Mubasher: Ajeej Steel Manufacturing Company, a wholly owned subsidiary of National Building and Marketing Company, has signed a contract worth SAR 180 million on 15 August.
Ajeej will sell steel blooms that are manufactured by National Building’s unit for Rajhi Steel, according to a bourse filing to Tadawul.
The contract duration is six months, and it is expected to have a positive financial impact on National Building’s sales and profits during the second half (H2) of 2021.
It is worth noting that National Building is listed and trading on Tadawul’s Parallel Market Nomu.
