Roth Steel Products v. Sharon Steel Corp.
705 F.2d 134 (6th Cir. 1983)
Facts
Sharon Steel Corp. (D), made a below-published prices contract with Roth Steel (P) for P to buy 200 tons of steel per month for $148 per ton for pickled and $140 per ton for rolled black for the entire year. Within six months the supply of steel fell, and prices began to rise substantially, D told P that it would no longer sell steel at below published prices. P agreed with the new terms for the last six months of the contract because P had no second source of supply. D's shipments in the last six months were often late, and P was forced to pay even higher prices. D attributed the additional problems to material shortages and regulatory problems. P learned that the delivery problems were due to D's practice of selling steel to its subsidiary at premium prices. P sued for breach. The trial court found that D's modification was not done in good faith. P was awarded damages; the difference between the new contract price and the original contract price. D appealed and P cross-appealed the denial or prejudgment interest.
Nature Of The Case
This section contains the nature of the case and procedural background.
Issues
The legal issues presented in this case will be displayed here.
Holding & Decision
The court's holding and decision will be displayed here.
Legal Analysis
Legal analysis from Dean's Law Dictionary will be displayed here.
© 2007-2025 ABN Study Partner