11
Jan
17:16
Georgsmarienhütte has to pay cartel fine
German special bar quality (SBQ) steel producer Georgsmarienhütte (GMH) will have to pay a cartel fine along with several other German and Austrian companies, some of which were revealed in summer 2018..
According to a report in the Rheinische Post, the fine amounts to €85 million ($98m). The company would be able to pay without impairment of production and of existing loans, a GMH lawyer had told the paper. A spokesman from the company subsequently co…
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Anonymous
Very good overview of the weekly steel market.
Anonymous