NEW YORK CMC Cometals
Steel, the steel trading arm of Commercial Metals Co., has
settled with a Norwegian shipping company it claimed had
damaged its steel products.
The terms of the settlement were
The original lawsuit, filed by
CMC Cometals Steel in July, had alleged that a cargo including
wide-flange beams and channels shipped in a bulk vessel
chartered by Grieg Star Shipping AS and managed by Grieg
Shipping AS was delivered to the Port of Houston "in a damaged
and deteriorated condition" (
amm.com, July 18).
In a filing Thursday, CMC
Cometals Steel requested that the initial pre-trial conference,
originally set for Aug. 27, be taken off the calendar as a
result of the settlement.
CMC Cometals Steel and Grieg could not be reached for