CHICAGO, July 10, 2024 (GLOBE NEWSWIRE) -- Century Aluminum applauds the Administration's decision to toughen the rules on aluminum imports from Mexico. The introduction of the "smelted and cast" provision is an important first step in curbing aluminum transshipments and unfair trade from 3rd party countries entering through Mexico.  Going forward, aluminum that was smelted and cast in Russia, China, Iran and Belarus and converted into products in Mexico will be subject to the 10% Section 232 duty. "We are ...

CHICAGO, July 10, 2024 (GLOBE NEWSWIRE) -- Century Aluminum applauds the Administration’s decision to toughen the rules on aluminum imports from Mexico. The introduction of the “smelted and cast” provision is an important first step in curbing aluminum transshipments and unfair trade from 3rd party countries entering through Mexico.  Going forward, aluminum that was smelted and cast in Russia, China, Iran and Belarus and converted into products in Mexico will be subject to the 10% Section 232 duty. “We are ...

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Century Aluminum (CENX) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company. The upward trend in estimate revisions for this aluminum producer reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlation between tren ...

CHICAGO, May 14, 2024 (GLOBE NEWSWIRE) -- President Biden today announced that his administration would triple existing tariffs on Chinese aluminum imports pursuant to Section 301 of the Trade Act of 1974. Today's action provides a clear and strong response to China's unfair trade policies and will help to put a stop to China's continuing build-up of overcapacity and non-market pricing actions. Jesse Gary, Century's (NASDAQ:CENX) President and Chief Executive Officer, who attended the White House event anno ...

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财务数据和关键指标变化 - 第一季度全球发货量约175,000吨,较上一季度略有增加 [29] - 实现价格较上一季度下降,主要由于增值产品和区域交付溢价下降 [29] - 调整后EBITDA为2500万美元,较上一季度下降3200万美元,主要由于第四季度确认了全年2023年45X税收抵免,而本季度只确认了1个季度的抵免 [30] - 完成Jamalco收购的购买会计,记录了2.46亿美元的廉价收购收益 [31] - 维持302百万美元的强劲流动性,包括93百万美元现金和209百万美元可用信贷额度 [31] 各条业务线数据和关键指标变化 - Jamalco炼厂在3月份恢复盈利,团队正在继续推动效率和运营改善 [13] - 冰岛Grundartangi工厂由于电力限制,一季度产量有所下降,但已于4月底恢复正常 [23] - 冰岛Grundartangi工厂已成功生产出第一批绿色铸坯,并将在二三季度完成客户认证,四季度开始正常商业销售 [24] 各个市场数据和关键指标变化 - 一季度LME价格和区域溢价整体保持平衡,但4月份需求改善推动价格大幅上涨 [9] - 欧洲溢价在一季度上涨近50% [9] - 印度等地的生产中断导致市场供应偏紧 [10][11] - 美国和英国宣布对俄罗斯铝及其他金属实施新制裁,禁止4月13日后生产的俄罗斯金属进口 [15][16] - 墨西哥对多国铝产品加征20%-35%的关税,预计将支持美国交付和增值产品溢价 [17] 公司战略和发展方向及行业竞争 - 公司正在建设一座250万磅的二次铸坯联合厂,与MX Holdings合资,预计2026年投产,成为美国最大的二次铸坯厂 [43][44][45][46][47] - 公司宣布计划在美国建设一座新的绿色铝冶炼厂,将获得美国能源部500百万美元的拨款支持,预计将创造1000多个直接就业岗位 [48][49][50][51][52][53] - 公司认为这些项目将满足美国日益增长的对低碳和军工级初级铝及增值产品的战略需求 [48][49] 管理层对经营环境和未来前景的评论 - 管理层对市场前景持乐观态度,认为全球库存处于金融危机后的低位,需求正在改善 [9][14] - 管理层认为公司在美国的生产基地和客户群为公司带来了优势,有助于满足客户对稳定供应链的需求 [41][42][80] - 管理层表示公司有足够的现金流支持新项目,无需考虑通过股权融资 [128][129] 问答环节重要的提问和回答 问题1 **Lucas Pipes 提问** 询问冰岛新铸坯项目在二季度的产能和盈利情况 [57][58][59][60][61] **Jesse Gary 回答** 二季度和三季度产量较小,主要为客户试用,四季度开始大规模商业销售,一季度将达到满产 [58][59][60][61] 问题2 **Katja Jancic 提问** 询问新建绿色铝冶炼厂的总投资规模 [74][75] **Jesse Gary 回答** 新建铝冶炼厂将是一个数十亿美元级别的大型项目 [82] 问题3 **Timna Tanners 提问** 询问为何选择新建铝冶炼厂而不是重启现有产能 [101][102][103][104][105][106] **Jesse Gary 回答** 新建厂将具有一流的成本优势,同时公司也计划发展二次铝业务,计划为客户提供初级和二次铝产品组合 [104][105][106]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to _______. Commission file number 001-34474 Century Aluminum Company (Exact name of registrant as specified in its charter) Delaware 13-307082 ...