# The Competition Tribunal has found steel and wire products company Cape Gate guilty of fixing the purchase price of scrap metal, contravening the Competition Act. Scrap metal, a vital input for steel production, was at the centre of a buyers’ cartel involving Cape Gate, ArcelorMittal South Africa, Columbus Stainless, and Scaw South Africa. While ArcelorMittal South Africa and Columbus settled, and Scaw sought leniency, Cape Gate denied wrongdoing. The tribunal dismissed its defences, with remedies to follow.
Competition Tribunal finds Cape Gate guilty of scrap metal price-fixing