Cases & Investigations

Steel Antitrust Lawsuit

PRACTICE AREAS: Antitrust
PRODUCT: Steel
CASE STATUS: Settled
SETTLEMENT AMOUNT: $193.9 million

Berger Montague served as counsel in this case filed on behalf of a class of direct purchasers of steel products. Steel products include all products derived from raw steel and sold by the defendants. The dominant steel products makers in the United States, including ArcelorMittal and ArcelorMittal USA, Inc., U.S. Steel, Nucor Corporation, Gerdau Ameristeel Corporation, Steel Dynamics, Inc., AK Steel Holding Corporation, SSAB Swedish Steel Corporation (the successor entity to IPSCO, Inc.), and Commercial Metals Company, were named as defendants in this litigation. Total settlements in this case were $193.9 million.

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