Steel Mills
March 7, 2017
Antitrust Charges Dismissed for Major Steel Producers
Written by Sandy Williams
An antitrust lawsuit filed by indirect steel purchasers against ArcelorMittal USA, US Steel and other steel mills was dismissed in the US District Court of Northern Illinois last week.
In 2008, Supreme Auto Transport LLC, based in Michigan, filed a complaint alleging that ArcelorMittal and others were among a group of steel producers who schemed to artificially increase the price of steel through coordinated production cuts causing harm to indirect purchasers of steel products. The defendants in the case were ArcelorMittal USA (at the time Mittal Steel USA), US Steel, Commercial Metals Company, AK Steel, Gerdau Ameristeel Corp., Nucor, Steel Dynamics and SSAB.
