Court Approves Settlements in Steel Price-Fixing Lawsuit

摘要

More litigation has come to a close regarding an alleged price-fixing lawsuit involving major players in the steel industry. In 2008, Pennsylvania-based Standard Iron Works and four other companies filed a lawsuit alleging U.S. Steel and ArcelorMittal conspired with six other domestic steel manufacturers "to manipulate the supply and price of steel products sold in the United States," according to court documents.