Brussels, 05/04/2011 (Agence Europe) - On Monday 4 April, the European Commission fined 17 producers of prestressing steel a total of € 269,870,750 for operating a cartel from1984 until 2002 and sharing among themselves the markets for prestressing steel and curled steel wires which are used with concrete in construction sites.
This is the second time the initial fine of €518 million imposed on the same steel makers on 30 June 2010 has been reduced (see EUROPE 10171 and 10231). This...