Large fine against Mittal Steel Ostrava dropped

The Finance Ministry has dropped a 2.4 billion-crown fine against the company Mittal Steel Ostrava, the website iDnes reported. The steelmaker received the fine in December for overcharging for coke. The ministry refused to give an explanation for the decision. Mittal Steel Ostrava, formerly Nova hut, is part of multinational giant Mittal Steel.

Author: Ian Willoughby