South Africa raided four scrap metal firms over alleged price-fixing, with Cape Gate denying guilt and challenging the warrant and a prior ruling.

The South African Competition Commission raided four scrap metal firms, including Cape Gate, over alleged price-fixing in shredded scrap metal, citing a warrant issued without full disclosure. Cape Gate denies wrongdoing, calls the warrant unlawful, and plans legal challenges, while also appealing a 2025 tribunal ruling that found it guilty of collusion from 2000 to 2008. The probe aims to combat anti-competitive practices and improve market access for small and historically disadvantaged businesses amid broader efforts to curb scrap metal theft and illegal trade.