23
Apr
14:00
Russian steelmakers will pay fines despite settlements: ministry
The Russian hot rolled coil price fixing case settlements will not waive fines for the steelmakers involved but will most likely reduce their size, says Russian industry and trade minister Viktor Evtukhov.
“As part of the settlement, there will definitely be fines, but they will probably be reasonable and not burdensome for the companies,” he told Russian state media. “The fact is antimonopoly legislation was violated when prices for all types of…
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Anonymous
Very good overview of the weekly steel market.
Anonymous