JSW Steel accuses top US steel companies of stifling competition
Steel

JSW Steel accuses top US steel companies of stifling competition

JSW Steel is suing three of the biggest American steelmakers for stifling competition and conspiracy by denying to sell raw metal to its US pipe and plate-making operations after the Trump administration imposed imports on cheaper foreign supplies.

According to the lawsuit filed in Houston federal court, US Steel Corp, Nucor Corp, and Cleveland-Cliffs Inc controlled more than 80% of domestic steelmaking potential and planned to cause direct harm to JSW.

JSW said they have not been able to get enough semi-finished steel slabs from suppliers outside the US since the imposed tariffs in 2018.

The costs increased when the US companies denied supplying metal. The refusal led to higher steel prices for US buyers when domestic prices of the metal were near a record as well.

John Hritz, a Board member of JSW, said they were working hard at getting exclusions when tariffs were imposed, and the US companies said not to worry about an exclusion to bring in slabs. We can supply whatever you require.

And they went along with them, tried to work with them at their best, but never got the supply of slabs.

Image Source


Also read: JSW Group clubs large project divisions of steel and cement biz

JSW Steel is suing three of the biggest American steelmakers for stifling competition and conspiracy by denying to sell raw metal to its US pipe and plate-making operations after the Trump administration imposed imports on cheaper foreign supplies. According to the lawsuit filed in Houston federal court, US Steel Corp, Nucor Corp, and Cleveland-Cliffs Inc controlled more than 80% of domestic steelmaking potential and planned to cause direct harm to JSW. JSW said they have not been able to get enough semi-finished steel slabs from suppliers outside the US since the imposed tariffs in 2018. The costs increased when the US companies denied supplying metal. The refusal led to higher steel prices for US buyers when domestic prices of the metal were near a record as well. John Hritz, a Board member of JSW, said they were working hard at getting exclusions when tariffs were imposed, and the US companies said not to worry about an exclusion to bring in slabs. We can supply whatever you require. And they went along with them, tried to work with them at their best, but never got the supply of slabs. Image Source Also read: JSW Group clubs large project divisions of steel and cement biz

Next Story
Resources

Ajmera Realty launches tree drive on Environment Day

Ajmera Realty & Infra India marked World Environment Day with a large-scale tree plantation initiative—Plant-with-Purpose—across its projects in Mumbai and Bangalore. The drive was inaugurated at Ajmera Manhattan and Ajmera Greenfinity in Wadala, with senior company officials and residents in attendance. The campaign encourages residents to embrace eco-conscious, self-reliant lifestyles by growing useful plants and trees within their communities. Horticulture expert Devendra Bhekar guided residents on creating and maintaining green spaces. Ajmera Realty planted over 500 trees..

Next Story
Resources

Twaron®-reinforced tyre powers Brunel’s solar race car

Teijin Aramid’s Twaron® with circular content will debut in Bridgestone’s race tyres for the 2025 Bridgestone World Solar Challenge, supporting the Brunel Solar Team’s Nuna 13 car. This marks the first use of the recycled-content aramid in a high-performance race tyre. The Twaron®-reinforced belts help enhance durability, reduce rolling resistance, and maintain lightweight strength—critical for the 3,000-km solar race across Australia. Bridgestone combines this with ENLITENTM tech and other recycled inputs to maximise environmental and performance outcomes. Teijin Aramid, a..

Next Story
Building Material

Kamdhenu Paints launches new wood coating range

Kamdhenu Paints has launched a comprehensive premium wood coating range designed for both interior and exterior applications. The collection includes high-performance solutions like Kamwood 2K PU for a rich matt or high-gloss finish, Kamwood 1K PU for clarity and stain protection, and the Kamwood Melamyne system for a smooth, durable finish. Also featured are Kamwood Wood Stains, which enhance wood grains with vibrant colour, and NC Sanding Sealer for high-build grain filling. The range is supported by Kamwood Thinners for ease of application and optimal finish. Saurabh Agarwal, MD, ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?