The Biggest Fine
Until last week, price ceiling violators have usually gotten away with light taps on the wrist in court. Last week OPS clubbed a violator on the head. It fined New York's Barium Steel Corp. and two subsidiaries, Central Iron & Steel and Phoenix Iron & Steel, a whacking $1,011,-123.63. It was by far the biggest OPS fine yet levied. It was also another black eye for Central Iron & Steel whose activities had figured in Washington's mink-coat scandal a year and a half ago.
Barium and its subsidiaries got into trouble with...
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