JSW Steel sues top US competitors for metal 'conspiracy'

JSW Steel Ltd 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% of domestic steelmaking capacity and conspired to cause direct harm to JSW, according to a lawsuit filed in a Houston federal court.