[SMM Steel] India probes steel associations for anti-trust violations

Published: Apr 16, 2026 18:31

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[SMM Steel] Competition Commission of India has found seven regional steel associations in India violated anti-trust rules, acting as intermediaries in alleged price-fixing practices. The investigation also involves major mills including Tata Steel, JSW Steel, Steel Authority of India Limited, and Rashtriya Ispat Nigam Limited, covering the period 2018–2023. In the short term, the probe may increase regulatory pressure and affect pricing behavior in the domestic market.

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