🔴 Century Aluminum is trading 4.1% down today amid aluminum prices near their lowest since February

Century Aluminum is trading at $32.76, down 4.10%, amid aluminum prices near their lowest level since February.

• Aluminum prices were pressured by a stronger U.S. dollar, easing Gulf supply concerns and expanding Indonesian production.
• Hotter-than-expected September CPI contributed to a weaker market backdrop; the S&P 500 and Nasdaq were both down more than 0.5%.
• Barclays initiated coverage at Equalweight with a $40 target, but available reporting does not establish that as the direct cause of the drop.