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Century Aluminum: Analyzing The Conflicting Trends

The key drivers for Century Aluminum (NASDAQ:CENX) are the price of aluminum and the operational advantages that it can achieve at its facilities. In my previous article, I noted some of the positive actions on the operational side (Century Aluminum: Positive Actions Amid Industry Headwinds). Since then, the company has made further advances, most notably progress toward a new power contract at the Sebree facility. However, aluminum prices have been weak and are ending 2013 around the lows for the year. Despite the weakness in the commodity price, investors have bid up shares of Century Aluminum and it is approaching its 2013 highs. In this article I will analyze these conflicting trends.

Key Drivers, Developments &...

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