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12 Jul
12:24

German cartel office imposes fines for steel price-fixing

Germany’s cartel watchdog, Bundeskartellamt, has imposed fines totalling €205 million ($239m) on six special steel companies, a trade association and ten individuals for concluding price-fixing agreements. The companies are ArcelorMittal Commercial Long Deutschland, Dörrenberg Edelstahl, Kind & Co. Edelstahlwerke, Saarstahl, Schmidt + Clemens and Zapp Precision Metals. The trade association concerned is Edelstahl-Vereinigung, which has meanwh…
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