Reliance, Nucor's Boycott Cost Steel Co. $80M, Jury Hears

Law360, Houston (February 18, 2014, 8:51 PM EST) -- A defunct steel distributor on Tuesday urged a Texas federal jury to hammer a group of major manufacturers and suppliers, including Reliance Steel & Aluminum Co. and Nucor Corp., to the tune of $80 million for allegedly conspiring to run the smaller company out of business.

During opening arguments in the trial of MM Steel LP's antitrust suit against Nucor, Reliance, American Alloy Steel Inc. and JSW Steel (USA) Inc., the smaller company said that the steel titans had launched an organized boycott that successfully squeezed...
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