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Consumers too far down distribution chain to press price fixing class action vs steelmakers, says judge

Dan Churney Mar. 13, 2017, 9:10pm

A group of steel makers, led by Chicago-based ArcelorMittal USA, have beaten down a class-action antitrust lawsuit filed by more than a dozen consumers, who alleged the companies schemed to raise prices for goods made with steel, by pointing out the consumers were too far down the distribution line from the steel manufacturers to claim losses.