CENX News and Press, Century Aluminum Company From 06/22/22

CHICAGO, June 22, 2022 (GLOBE NEWSWIRE) -- Century Aluminum Company (NASDAQ: CENX), the largest producer of primary aluminum in the United States, has announced it will temporarily idle its smelter in Hawesville, Kentucky, as a direct result of skyrocketing energy costs. The smelter is expe...

Copper prices plunged to their lowest level in more than a year on Wednesday, succumbing to concerns that rapid rate hikes may tank the global economy into recession while China continues its strict zero-COVID policy, hurting demand for metals. In pre-market trading, Freeport McMoRan (NYSE:FC...

Alcoa (NYSE:AA) -4.9% in Friday's trading to a new YTD low, as aluminum prices plummet to their lowest in nearly six months, as concerns over the prospect of weak economic growth hit metals demand. Three-month aluminum on the London Metal Exchange (LMAHDS03:COM) recently traded -2.8% to $2,68...

Century Aluminum (NASDAQ: CENX) stock plunged today and was trading down 13.8% as of 1 p.m. ET Wednesday. It tripped 15.7% at its lowest point in trading today, as of this writing. Aluminum prices seem to have bottomed after tumbling since March, but one analyst just slashed Cen...

Gainers: CN Energy Group (CNEY) +8%. Fusion Fuel Green (HTOO) +8%. World Fuel Services (INT) +7%. Valhi (VHI) +6%. Arcadia Biosciences (RKDA) +2%. Losers: Century Aluminum (CENX) -15%. Amyris (AMRS) -14%. Intrepid Potash (IPI) -13%. Origin Agritech (SEED) -11%. Enservco (ENSV) -11%....

Aluminum prices in London fell to four-month lows on Friday, as concerns about demand created by slowdowns in manufacturing activity in China and elsewhere were reinforced by the strong dollar, Reuters reports. London Metal Exchange benchmark aluminum (LMAHDS03:COM) could be headed for its si...

Gainers: Borr Drilling (BORR) +19%. TETRA Technologies (TTI) +18%. The Chemours (CC) +16%. CVR Energy (CVI) +14%. Intrepid Potash (IPI) +11%. Losers: Glatfelter (GLT) -18%. Sierra Metals (SMTS) -6%. Sylvamo (SLVM) -6%. Century Aluminum (CENX) -5%. For further details see: The ...

Copper and aluminum prices fell to three-month lows on Tuesday, on worries over softening demand in light of slowing manufacturing activities in China and the U.S., along with a stronger dollar, expected interest rate hikes in the U.S., and the war in Ukraine, which is pushing up energy price...

Crude oil closed April with a fifth consecutive monthly gain as supply challenges from Russia's war in Ukraine outweighed worries over demand tied to China's COVID-19 lockdowns. WTI futures (CL1:COM) for June delivery rose 2.6% for the week and 4.4% for the month to $104.69/bbl, while June na...

The S&P Materials index closed this trading week in green at +1.18%, and the Materials Select Sector SPDR (XLB) was marginally up +0.35%. Gold futures finished higher Friday but posted its worst monthly performance in seven months, after the ICE U.S. Dollar Index touched its hig...