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21 Aug
01:00

National watchdog fines Austrian steel stockists for price fixing

Four Austrian steel stockholders have been penalised by the national competition watchdog BWB (Bundeswettbewerbsbehörde) for price-fixing, Kallanish learns from the authority. BWB has imposed fines of in total €430,000 ($486,000) on Mechel Stahlhandel Austria (€200,000), ArcelorMittal’s Eisen Wagner Gesellschaft (€150,000), FILLI Stahlgroßhandel (€32,500) and Franz Grossschädl Stahlgroßhandel (€47,500…
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