Lawsuit meant to shine light on zinc extras

Duncan Galvanizing Corp’s lawsuit against the London Metal Exchange and warehousing companies over zinc pricing is aimed at revealing the cause of higher free-market zinc premiums rather than achieving financial gain, according to the company’s top executive.

The lawsuit was not filed for "beneficial gain" or to retrieve money, but rather to find out what has prompted higher zinc premiums, Richard Brooks, chief executive officer of Everett,...

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This article was first published by AMM

May 28, 2014

11:03 GMT

New York