29
Aug
10:35
BlueScope fined for attempted price fixing
BlueScope Steel, Australia’s largest steel manufacturer, has been ordered to pay an AUD 57.5 million ($37m) penalty for attempting to fix prices for flat steel products supplied in the country, Kallanish learns from the Australian Competition and Consumer Commission (ACCC) .
“The penalty ordered by the Federal Court today is the highest penalty ever imposed for cartel conduct in Australia,” ACCC highlights.
Besides this, the Court also fin…
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Anonymous
Very good overview of the weekly steel market.
Anonymous