02
Aug
08:53
Italian authorities punish rebar mills for pricing cartel
Eight large rebar producers and suppliers located in the north of Italy have been fined by the local antitrust authorities in relation to an investigation over a pricing cartel. This covered the period from 2010 to 2016, Kallanish learns.
The investigation commenced in October 2015, but a final decision was only revealed on 31 July. As a result collective fines of more than €140 million ($167m) were imposed. Ferriere Nord, Alfa…
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Anonymous
Very good overview of the weekly steel market.
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