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15 Apr
12:53

Severstal seeks HRC price-fixing settlement

Russian steelmaker Severstal has sent a request to Moscow’s Arbitration Court of Appeal to conclude a settlement agreement with national competition authority FAS over its hot rolled coil price-fixing case, according to court documents seen by Kallanish. Severstal declined to comment when approached by Kallanish on Monday. The Russian steelmaker earlier said it plans to appeal to a higher authority a court order that it must pay a fine to FAS for establishi…
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