China and Australia on Nov 17th sealed a landmark free trade agreement more than a decade in the making, significantly expanding ties between the world's second largest economy and one of Washington's closest allies in Asia.

The public hearing for expansion of TATA Steel operations held at Joda yesterday said to have favored the proposal. A t lease 86 persons spoke at the meeting attended by over 5000 people informed officials of the district administration.

The main contributors to the 5.3 percent increase were iron ore (contributing 5.7 percent), coal(contributing 1.8 percent) and manganese ore (contributing 1.2percent).

Australia has announced to impose anti-dumping duty for quenched and tempered steel imported from Finland, Japan and Sweden.

Leader Steel Holdings Bhd will focus less on iron ore trading, as the global pricing of the steel-making commodity has decreased since the middle of 2013.

Tata Steel reported a consolidated net profit of Rs 1,254.33 crore for the quarter ended September 30, up 37% from Rs 916.77 crore profit in the same quarter last year, helped by a one-time gain from land sale. Sales fell 2% to Rs 35,503.25 crore during the qu...

BHP Billiton has given up trying to sell its struggling Nickel West business, declaring that an acceptable bid could not be found.

After shelving its sale of Nickel West, BHP Billiton will be forced to keep the troubled unit out of its $US15 billion spinoff of unwanted assets amid analyst predictions it would damage the new company's credit rating.