Swiss-based special steel producer and distributor Schmolz+Bickenbach has announced that the German Federal Cartel Office has inspected its German subsidiary Deutsche Edelstahlwerke GmbH (DEW).
The inspection is related to possible anticompetitive practices in connection with the fixation of alloy surcharges at several companies in the special steel sector. Schmolz+Bickenbach said that DEW takes the allegations seriously and is fully cooperating with the authorities in order to ensure a quick and complete clarification of the issue.