05
Nov
21:29
Pacific Steel Group sues CMC and Danieli
California-based rebar fabricator Pacific Steel Group (PSG) is suing Commercial Metals Company (CMC) for alleged violations of anti-trust laws, Kallanish reports.
According to a complaint filed by the company, Pacific Steel Group alleges that CMC worked with Danieli Corporation in order to prevent PSG from building a Danieli micro mill and begin manufacturing its own rebar. PSG argues that CMC priced its fabrication and installation services below cost for th…
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Anonymous
Very good overview of the weekly steel market.
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