Voestalpine AG - EU fines steel producers - voestalpine affected by €22m

Companies ♦ Published: June 30, 2010; 00:00 ♦ (Vindobona)

Voestalpine has today been informed that the EU Commission has imposed fines, following action taken against a number of European prestressing steel manufacturers, including voestalpine Austria Draht GmbH.

Voestalpine AG - EU fines steel producers - voestalpine affected by €22m / Picture: © Vindobona.org

The fine imposed on voestalpine is €22m.

The detailed content of the official notification of the fine has not yet been made available. At this stage, it is therefore not possible to make any comment on the reasons given for imposing the fine, nor on the actual amount. During all stages of the proceeding, voestalpine has made it abundantly plain to the EU Commission that the…