Tag: Rebar Producers

South Korea Slaps Fine on Country’s 6 Steelmakers for Unfair Trade Practices

Sep 12, 2018

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by

Aditi Tiwari

in Rebar

According to the latest reports, South Korea’s FTC (Fair Trade Commission) has slapped a record fine of combined 119.4 billion won (USD 105.9 million) on six rebar suppliers including majors Hyundai Steel Co. and Dongkuk Steel Mill Co, for price fixing between 2015 and 2016. FTC which is country’s antitrust watchdog has found out that…