  By means of Monte Carlo simulation with local spin update Metropolis
algorithm, we have elucidated non-equilibrium phase transition properties and
stationary-state treatment of a disordered binary ferromagnetic alloy of the
type $A_{p}B_{1-p}$ on a square lattice. After a detailed analysis, we have
found that the system shows many interesting and unusual thermal and magnetic
behaviors, for instance, the locations of dynamic phase transition points
change significantly depending upon amplitude and period of the external
magnetic field as well as upon the active concentration of $A-$ type
components. Much effort has also been dedicated to clarify the hysteresis
tools, such as coercivity, dynamic loop area as well as dynamic correlations
between time dependent magnetizations and external time dependent applied field
as a functions of period and amplitude of field as well as active concentration
of of $A-$ type components, and outstanding physical findings have been
reported in order to better understand the dynamic process underlying present
system.
