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Century Aluminum to idle Kentucky smelter due to weak prices

Aug. 25, 2015 4:58 PM ETCentury Aluminum Company (CENX) StockBy: Carl Surran, SA News Editor5 Comments
  • Century Aluminum (NASDAQ:CENX) says it will idle its Hawesville, Ky., smelter beginning Oct. 24, blaming "Chinese overcapacity and the improper export of heavily subsidized Chinese aluminum products [which] have undercut an otherwise viable plant."
  • The plant, which can produce 255K metric tons/year of aluminum, is operating at ~80% of capacity and employs ~565 employees.

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