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One more steel wholesaler faces antitrust fine in Austria

( October 22, 2015, 10:02 GMT | Official Statement) -- MLex Summary: Commercial steel wholesaler Frankstahl Rohr- und Stahlhandelsgesellschaft must pay a fine of 147,000 euros for engaging in illegal agreements, including information exchange, between January 2012 and November 2013, following a recent decision by Austria’s cartel court. In August this year, the court had levied fines for the same practice totaling 430,000 euros on Eisen Wagner — a subsidiary of ArcelorMittal Construction Austria — Filli, Mechel and Franz Grosschädl.Full statement follows in the German original:...

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