03
Jul
20:38
Pacific's antitrust lawsuit against CMC can continue: judge
A federal court in California is allowing an antitrust lawsuit to continue against Commercial Metals Company (CMC) after fellow rebar producer Pacific Steel Group made an accusation of anti-competitve behaviour.
The US District Court of Northern California has denied motions for summary judgement, Kallanish gleans from the 25-page decision issued last week.
In a 2020 lawsuit (see Kallanish 6 November 2020), Pacific Steel alleges that CMC used a geographic e…
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Anonymous
Very good overview of the weekly steel market.
Anonymous