JSW Steel sues top US companies, accuses them of stifling competition

JSW Steel claims three of the largest American steelmakers conspired to stifle competition by refusing to sell raw metal to its US pipe and plate-making operations after the Trump administration imposed imports on cheaper foreign supplies.

US Steel Corp, Nucor Corp. and Cleveland-Cliffs Inc control more than 80 per cent of domestic steelmaking capacity and conspired to cause direct harm to JSW, according to a lawsuit filed in Houston federal court.

JSW said it hasn’t been able to get enough semi-finished steel slab from suppliers outside the US since the tariffs were imposed in 2018. When the American companies refused