1. ArcelorMittal SA faces R3bn collusion fine

    Home - BusinessDay (Apr 2 2012)

    1. AFRICA’S largest steelmaker, ArcelorMittal SA could face a fine of more than R3bn for price fixing, the Competition Commission said on Monday.The Competition Commission has asked the Competition Tribunal to penalise ArcelorMittal and smaller competitor Evraz Highveld Steel and Vanadium up to 10% of their annual turnover for collusion.

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