Australia's Bisalloy rises as company secures US steel contract

Bisalloy Steel

29/07/2026 02:12

** Shares of Australia's Bisalloy BIS.AX rise as much as  6.3% to A$4.870, their highest level since April 28
** The alloyed steelmaker receives first order to supply the U.S. submarine industry
** Company says the contract involves supply of HY80 steel
** Bisalloy stock down over 3% this year, including the day's move

 (Reporting by Rajasik Mukherjee in Bengaluru)
 ((Rajasik.Mukherjee@thomsonreuters.com))