Spang & Co. v. USX Corp.

MONTEMURO, Judge.

This is an appeal from an order entering judgment against appellant USX (formerly United States Steel Corp.) in the amount of $2,805,854, together with prejudgment interest at the rate of 6% to be calculated from February 28, 1982, the date of appellant’s termination of a contract between the parties. 1

The contract in question provided for appellee to process 2 the slag produced as a by-product of appellant’s steelmaking facility in Lorain, Ohio for resale by appellant. The agreement had been entered into in June of 1960, and continued with modifications and extensions until…