Kentucky state lawmakers are set to decide whether to let Century Aluminum (CENX -3.7%) buy...

|About: Century Aluminum Company (CENX)|By:, SA News Editor

Kentucky state lawmakers are set to decide whether to let Century Aluminum (CENX -3.7%) buy power on the open market in its bid to save its money-losing smelter from closure. The bill could have implications for the U.S. aluminum industry, as high-cost electricity for aging plants has challenged producers to seek more efficient operations with aluminum prices dropping ~30% in two years.