[Ferro-Alloys.com]Balasore Alloys Ltd says that pursuant to decision taken at committee of board held on Nov. 16, the company has executed agreement for acquiring business of Jabamayee Ferro Alloys Limited as going concern on slump sale basis.

After ruling the products were being sold below cost in the US market, US Commerce Department on Thursday set final dumping and subsidy rates on imported steel wire rod from China, paving the way for Washington to impose punitive duties on the products in the ...

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...