Core Viewpoint - Century Aluminum Company supports President Trump's executive order to impose a 25% tariff on all primary aluminum imports, aiming to protect U.S. jobs and national security [1][2]. Group 1: Tariff Implementation - The executive order implements a 25% tariff on all primary aluminum imports into the U.S. from foreign countries, closing a loophole that allowed nearly 75% of imports to avoid tariffs [2]. - This action is expected to protect American jobs and enhance national security [2]. Group 2: Company Position - Century Aluminum's CEO, Jesse Gary, expressed strong support for the tariff, stating it will help level the playing field for American aluminum workers [2]. - The company emphasizes that the strengthened tariffs will drive the resurgence of domestic aluminum production [3]. Group 3: Company Overview - Century Aluminum is the largest domestic producer of primary aluminum in the United States and operates production facilities in Iceland, the Netherlands, and Jamaica [4].

CHICAGO, Feb. 10, 2025 (GLOBE NEWSWIRE) -- Century Aluminum Company (NASDAQ:CENX) strongly supports President Donald Trump’s decisive action today to strengthen Section 232 tariffs and fight back against unfair trade practices that have for years disadvantaged the U.S. primary aluminum industry. Today’s executive order implements a 25% tariff on all primary aluminum imports into the U.S. from all foreign countries and closes a loophole in the existing tariff that allowed nearly 75% of imports to avoid the t ...

Century Aluminum (CENX) has been beaten down lately with too much selling pressure. While the stock has lost 19.4% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier.Here is How to Spot Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator t ...

Century Aluminum Company (CENX) is benefiting from strong demand in a variety of intermediate and end markets, driven by robust manufacturing operations, particularly in the United States.Century Aluminum Stock’s Price PerformanceShares of Century Aluminum have shot up 51.6% in the past year against a 33.5% decline of the industry.Image Source: Zacks Investment ResearchStrong Demand, Acquisitions to Aid CENXCentury Aluminum is well-positioned to benefit from an uptick in global aluminum demand, which is exc ...

The Industrial Products group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Century Aluminum (CENX) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Industrial Products sector should help us answer this question.Century Aluminum is one of 213 individual stocks i ...

Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher."Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves a ...

A month has gone by since the last earnings report for Century Aluminum (CENX) . Shares have added about 13.7% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Century due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Century Aluminum's Q3 Earnings Surpass Estimates, ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...

The Industrial Products group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Century Aluminum (CENX) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Industrial Products peers, we might be able to answer that question.Century Aluminum is a member of our Industrial Products group, which includes 212 different companies and currently sits at #12 in the Zacks Sector Rank. T ...

Industry Overview - The Zacks Metal Products - Procurement and Fabrication industry is expected to benefit from diverse end-market demand as inflation eases and order volumes rise, supported by improving supply-chain conditions [1][4] - The industry primarily includes metal processing and fabrication service providers that transform metal into parts and components for various sectors such as construction, aerospace, automotive, and more [3] Current Trends - Order levels are anticipated to pick up as inflationary pressures abate, with the New Orders index showing a slight improvement to 47.1% in October from 46.1% in September [4] - The industry has faced challenges from supply-chain issues and labor shortages, but companies are focusing on pricing actions, cost management, and efficiency improvements to mitigate these challenges [5] Growth Catalysts - Automation and a customer-focused approach are expected to drive growth, with increasing demand from end-use sectors like manufacturing and aerospace [6] - Developing countries are seen as promising markets due to rapid industrialization, which is likely to create additional demand for metal products [6] Performance Metrics - The Zacks Metal Products - Procurement and Fabrication industry has outperformed its sector and the S&P 500 composite over the past year, gaining 66% compared to the sector's 30% growth [9] - The industry is currently trading at a forward 12-month EV/EBITDA ratio of 6.04, significantly lower than the S&P 500's 24.81 and the Industrial Products sector's 15.76 [11] Company Highlights - **Northwest Pipe Company (NWPX)**: Implementing cost-reduction techniques and benefiting from the Infrastructure Investment and Jobs Act, which allocates $55 billion for water infrastructure projects [14][15] - **Century Aluminum (CENX)**: Acquired a 55% interest in a bauxite mining venture, which ensures supply and lowers logistics costs, with plans to build the first U.S. primary aluminum smelter in 45 years [18][19] - **Norsk Hydro ASA (NHYDY)**: Focusing on reducing costs and improving operational excellence, with plans to invest in low-carbon aluminum and renewable energy projects [20][21] - **ESAB Corporation (ESAB)**: Expanding through acquisitions and simplifying product lines, with expectations for improved adjusted EBITDA and earnings per share in 2024 [22][23]