April 17, 2014
Rising demand for aluminum from the U.S. automobile industry bodes well for Century Aluminum Company (CENX). Century Aluminum specializes in smelting and owns six facilities in the U.S. and Iceland.
Between late 2003 and mid-2008, China’s insatiable demand for the metal fueled an extended rally in aluminum prices. However, aluminum prices have weakened significantly since this inflection point, hitting their lowest level since the 2008-09 financial crises in January 2014.
Century Aluminum’s management makes a compelling case that, outside of China, the world faces a deficit of aluminum production. Read More »