Posted on 01 Sep 2025
ArcelorMittal Long Products Canada (AMLPC) is suing Liberty Steel & Wire for $2.77 million, claiming that Liberty failed to pay for billets delivered to its now-defunct South Carolina mill, Kallanish discovers from a review of federal court filings.
The breach-of-contract lawsuit was filed on 25 August in US District Court for the Central District of Illinois. The action claims conversion and unjust enrichment against defendant Keystone Consolidated Industries, doing business as Liberty Steel & Wire Peoria, for steel billets AMLPC "sold and delivered on consignment but was not paid."
The agreed-to arrangement was that Liberty Steel & Wire would receive delivery of as-cast billets from AMLPC to Liberty’s billet yard in Georgetown, South Carolina.
There were two different as-cast billet products specified in the in the September 2023 agreement. The first was as-cast billets with dimensions of 130mm by 130mm at a length of 41.167 feet and melted at AM Contrecoeur West in Quebec. Volumes were roughly 5,000 tonnes/month. The second product was as-cast billets with a dimension of 120mm by 120mm at a length of 48.0 feet and melted at AM Contrecoeur East. Volumes of this grade were roughly 1,000t/month.
The arrangement specified that once produced, AMLPC would transfer the billets to a segregated portion of the Liberty billet yard at Georgetown, where the raw material would remain in AMLPC possession until consumption of agreed-upon products.
A court notice issued on Thursday specifies the lawyers involved, but they could not immediately be reached on Friday.
Source:Kallanish
