Browsing: NLMK

FAS: metal producers NLMK Vladimir Lisin, MMK Viktor Rashnikov and Severstal Alexei Mordashov increased prices due to monopoly

The Antimonopoly Service found MMK, NLMK and Severstal guilty of setting monopolistically high prices on the flat-rolled metal market. According to the agency, thanks to this, manufacturers have tripled their profits. The service ordered companies to stop abusing their dominant position, the fines will be determined separately. The Federal Antimonopoly Service of Russia has completed […]