BERLIN Jan 21 It is too soon to say when an
anti-trust probe of ThyssenKrupp will end as the case,
involving allegations of price fixing for steel supplied to the
car industry, is still being evaluated, the chief of Germany's
cartel office said.
The offices of ThyssenKrupp's Steel Europe unit in Duisburg
were raided in February last year over what the company said
were allegations of anticompetitive agreements between market
participants relating to specific steel supplies to the
It said at the time it would actively support the
authorities with the investigation.
"I currently can't say when it will be concluded," Andreas
Mundt, the president of the country's cartel authorities, told
Reuters in an interview on Tuesday.
"Its one of these things with cartel cases, it depends
completely on what you find out. We are still evaluating."
ThyssenKrupp Chief Executive Heinrich Hiesinger has
expressed hopes that the probe may be concluded soon.
In connection with the same probe, the cartel authorities
also searched the Munich offices of Austrian steelmaker
Voestalpine's subsidiary, Voestalpine Deutschland.
ArcelorMittal, the world's largest steel producer,
has also said it is co-operating with a cartel investigation on
steel supplies to the automotive industry.
(Reporting by Tom Kaeckenhoff; writing by Edward Taylor;
Editing by Anthony Barker)