Attorneys Investigating Whether the Steel Mill Companies Conspired to Fix and Artificially Raise Prices In The Domestic Steel Market

We are investigating a potential antitrust class action against the steel mill companies listed below.  We are investigating whether the Steel Mill Companies conspired to fix and artificially raise prices in the domestic steel market by conspiring to reduce competition and restrict the output of steel.  Several of the Steel Mill Companies reportedly agreed to restrict output at trade association meetings, and implemented the alleged conspiracy at their respective companies shortly thereafter.  The alleged conspiracy was reportedly effective, as the price of certain steel products increased by as much as 25% during the alleged conspiracy period.  The domestic steel industry is one of the largest commodity markets in the United States, with approximately $80 billion in annual revenues.

If you have purchased steel products – directly or indirectly – from any of the Steel Mill Companies at any point between January 2005 and the present, please contact Scott Levensten, Esquire of The Levensten Law Firm, P.C.  Steel products include all products derived from raw steel, such as steel sheet and coil products, galvanized steel, tin mill products, steel slabs, bars, pipe and rods.  A purchaser of steel products would likely include auto manufacturers, ship builders, railroad car manufacturers, construction companies, and others in the appliance manufacturing, oil and gas, and steel fabrication industries.

Steel Mill Companies:

Arcelormittal

Arcelormittal USA, Inc

United States Steel Corporation

Nucor Corporation

Gerdau Ameristeel Corporation

Steel Dynamics Inc.

AK Steel Holding Corporation

SSAB Sewwdish Steel Corporation

Commercial Metals, Inc.