Century Aluminum traded at $43.94 this Wednesday July 15th, decreasing $2.14 or 4.64 percent since the previous trading session. Looking back, over the last four weeks, Century Aluminum lost 17.95 percent. Over the last 12 months, its price rose by 124.99 percent. Looking ahead, we forecast Century Aluminum to be priced at 43.74 by the end of this quarter and at 41.05 in one year, according to Trading Economics global macro models projections and analysts expectations.
Century Aluminum Company is a global producer of primary aluminum and operates aluminum reduction facilities, or smelters. The Company operates in the United States and Iceland. Its primary aluminum reduction facilities produce primary aluminum products. The Company’s annual production capacity is approximately 1,016,000 tons per year (tpy). In addition, the Company owns a carbon anode production facility located in the Vlissingen, Netherlands. Carbon anodes are consumed in the production of primary aluminum. Vlissingen supplies carbon anodes to its aluminum smelter in Grundartangi, Iceland. Each of its aluminum smelters in the United States produces anodes at on-site facilities.