RASA lays Competition Commission complaint about blocking of export permit applications

Industry organisation the Recycling Association of South Africa (RASA) has lodged a complaint with the Competition Commission about the alleged extended blocking of export permit applications in the ferrous scrap metal market by dominant buyers, as well as the alleged use of brokers to signal and coordinate significant price movements. This conduct appears to have been designed to suppress prices at the collection gate through the manipulation of market conditions, RASA says.

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