Century Aluminum shares rose 4.4 per cent to USD 45.89 on August 27, extending a strong 2026 rally, but GuruFocus' GF Value model puts the stock's estimated intrinsic value at just USD 23.25. Century Aluminum Co's stock is moving in two very different directions depending on which metric you look...
The US' push to rebuild its domestic aluminium industry has been underway for years, with tariffs playing a central role in the strategy. But as Washington tries to attract new smelting investment, opposition to a major proposed project in Oklahoma is raising questions about how easily the country...
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Aleris International, a US rolled products manufacturer, is warning that planned power rate increases by Big Rivers Electric will make it more difficult for Aleris' aluminum rolling mill in Hancock County, Kentucky, to compete in a challenging economy. Big Rivers, a Henderson, Kentucky-based...
The Street upgraded shares of Century Aluminum Company from a sell rating to a hold rating in a report issued on Tuesday. "Century Aluminum Company has been upgraded by The Street Ratings from sell to hold. The company's strengths can be seen in multiple areas, such as its increase in net income,...
Possible aluminum cutbacks Alcoa announced last week are "a potential positive" for the company and could lead other producers to follow suit, an analyst said Monday. The US aluminum major said Wednesday it plans to review 460,000 mt/year of its aluminum smelting capacity over the next 15 months...
Cowen upgraded shares of Century Aluminum Company from a hold rating to a buy rating in a report released on Tuesday. Cowen currently has $13.00 target price on the stock. “Century Aluminum announced a tentative agreement with Kenergy Corp and Big Rivers Electric Corp on the framework of a new...
Century Aluminum Co. said Monday that it is buying the Sebree aluminum smelter from a subsidiary of Rio Tinto Alcan Inc. for about $61 million in cash. The news sent the Monterey, Calif.-based aluminum company's shares up 90 cents, or 13 percent, to $7.64 in afternoon trading. Under the agreement,...
Century Aluminum Co. hopes to move into its new headquarters in Chicago in July, according to company officials. "We believe (the move) will come in on time and under budget, so that when we talk to you in July to report the second quarter, we'll be talking to you from our new offices in...
The aluminum market continues to be volatile, and Century Aluminum continues to discuss power arrangements for its Hawesville, Ky. and Ravenswood plants, according to Century President and Chief Executive Officer Michael Bless. Century reported a net income of $8.3 million for the first quarter of...
SmarTrend identified a Downtrend for Century Aluminum on February 25th, 2013 at $8.25. In approximately 2 months, Century Aluminum has returned 21.58% as of today's recent price of $6.47. Over the past year, Century Aluminum has traded in a range of $5.52 to $9.70 and is now at $6.42, 16% above...
Calif-based Century Aluminum may be forced to cease operations at its Hawesville aluminum smelter, the company warned on Tuesday. Citing the high price of power to keep the plant running, Century issued a federal Worker Adjustment and Retraining Notification Act notification to the effect that the...
In trading on Monday, shares of Century Aluminum Co. entered into oversold territory, changing hands as low as $6.61 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock...
Today, shares of Century Aluminum have crossed bearishly below their 10-day moving average of $7.33 on a volume of 281K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term. Century Aluminum has overhead...
Officials with Century Aluminum say they are still interested in restarting the Ravenswood plant and honoring their commitments to the plant's retirees. Karen Gorrell, spokesperson for the Century Aluminum retirees, said in a statement that company officials were seeking another agreement to get...
Century Aluminum is again trying to negotiate an agreeable electricity rate in Kentucky, according to a March 28 report from Reuters. The Kentucky General Assembly worked on two bills that would have given aluminum smelters the ability to get power on the open market – measures the Kentucky Chamber...
Samál, the Icelandic Association of Aluminum Producers, issued a statement today rejecting claims that they avoid, albeit through legal means, paying income tax in Iceland. In the statement, Samál iterated that the aluminum companies operate in compliance with the Icelandic laws and regulations and...
An update on the attempt to reach a compromise between Big Rivers Electric and Century Aluminum leaves continuing negotiations. A bill to allow Century Aluminum to buy electricity from the state is also in limbo in the Kentucky legislature with time running out. Big Rivers says the ball is now in...
Century Aluminum Co. is moving its corporate headquarters from Monterrey, Calif., to One South Wacker in Chicago’s West Loop. Century, which has aluminium production facilities in Iceland, Kentucky, West Virginia and South Carolina, has signed a lease for 16,146 square feet of space on the...
A Kentucky lawmaker on Thursday said he was prepared to ask Governor Steve Beshear to consider his bill to allow Century Aluminum and Rio Tinto Alcan to buy lower cost power for their smelters in the state from the open market rather than at locked-in costs from Big Rivers Electric. State...
A bid by Century Aluminum Co. to buy power on the open market in Kentucky could have larger implications for the troubled U.S. aluminum industry. Reuters reports that benchmark aluminum prices have dropped more than 30 percent in less than two years, and high-cost electricity is challenging the...
