TGS to pay Deutsche Bank $5m after losing emissions credits case

May 28, 2012 | 11:30 AM |

Total Global Steel (TGS), a category V member of the London Metal Exchange, has been ordered by the High Court in London to pay Deutsche Bank €4.18 million ($5.24 million) in damages after selling the bank expired carbon credits. TGS sold 492,000 Certified Emissions Reductions (CERs) to Deutsche Bank through the European....

Latest Pricing Trends


Are you stocking more inventory today than 18 months ago?


View previous results