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On April 12, 2024, the United States Department of the Treasury and the United Kingdom issued two new prohibitions on Russian-origin metals. The new measures prohibit the United States from importing Russian-origin aluminum, copper and nickel.
CHICAGO, April 18, 2024 (GLOBE NEWSWIRE) -- Century Aluminum Company (NASDAQ: CENX) will report first quarter 2024 earnings on Wednesday, May 1, 2024 before market open. The news release will be issued through GlobeNewswire.
The U.S. and U.K. are imposing new sanctions on Russian metals. The move limits the option for U.S. buyers and should at least temporarily boost global metal prices.
A new low-emission aluminum smelter project would double the size of the current primary aluminum industry in the U.S. The project would add domestic supply for the electric vehicle, renewable energy, and packaging industries.
Century Aluminum (CENX) intends to use the fund to build the first new primary aluminum smelter in the United States in 45 years.
Century (CENX) reported earnings 30 days ago. What's next for the stock?
Shipments of primary aluminum of Century Aluminum (CENX) increase 2.6% year over year to 173,871 tons in Q4.
Century Aluminum Company (CENX) Q4 2023 Earnings Call Transcript
Century (CENX) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
CHICAGO, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Century Aluminum Company (NASDAQ: CENX) will report fourth quarter 2023 earnings on Wednesday, February 21, 2024 after the close of market trading. The news release will be issued through GlobeNewswire.