The Antimonopoly Committee of Ukraine (AMCU) has undertaken to inspect the ore and metals market.

amkuThe Antimonopoly Committee of Ukraine (AMCU) has begun investigating existing iron ore concentrate and steel markets and looking for signs of monopolization.

According to the head of the agency, Yuriy Terentyev, this was done following a request from several members of parliament to the Antimonopoly Committee of Ukraine. Terentyev has not yet disclosed any results of the inspection, stating only that it is a market oversight activity.

He also stated that if any problems are discovered, measures will be taken in accordance with current legislation. It has not yet been announced whether the inspection will cover only certain companies or all of them, but Metinvest, one of the largest players in the metals market, could find itself in the crosshairs of regulatory authorities.

Let us recall that the owner of the holding is Rinat Akhmetov.

SKELET-info

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