Voestalpine Involved in Further Cartel

Industrials › Basic Resources ♦ Published: December 28, 2011; 20:24 ♦ (Vindobona)

According to German newspaper reports, the Austrian steel producer is involved in another cartel in the rail market.

Voestalpine Involved in Further Cartel / Picture: © Voestalpine AG

Market rumors say that voestalpine has made a price agreement with the German Stahlberg Roensch, which lasted until 2011. The arrangements were made in a special segment for high-performance rails, the report states. The Austrian steel company did not comment these reports. The cartel would affect German Railways (Deutsche Bahn, DB), which is Germany´s main buyer of rails. Deutsche…

or Log In

Fast News Search
Related News
Voestalpine Streamlines Group Structure (December 15, 2011)
Voestalpine Broadens Measures to Safeguard Liquidity (November 24, 2011)
Voestalpine Cuts Production (November 19, 2011)
voestalpine Cuts Outlook for the Full Business Year (November 17, 2011)
RHI Wins Contract with voestalpine (October 28, 2011)
Read More
Crime, Germany, Steel Industry, Voestalpine
Featured
See latest Vindobona Newsletter