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29 May
13:31

FAS accuses Ural Steel of monopolising market

Russian competition authority FAS has opened a case against Zagorsk Pipe Plant (ZTZ)’s Ural Steel plant due to violations in the bridge steel market, FAS says. In the face of lower costs, the company, which occupies a dominant position in the bridge steel market, increased product prices from February to June 2022 by more than 70%, the antimonopoly service claims. “The company’s actions since 2022 contain signs of violation of antimonopol…
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