Century Aluminum in the red for third straight quarter

Apr 25, 2012 | 09:31 AM | Suzy Waite

Tags  Century Aluminum, Michael Bless, Hawesville, Ravenswood, Suzy Waite

NEW YORK — Century Aluminum Co. recorded a loss in the first quarter of 2012, its third consecutive quarter in the red, after results were negatively impacted by an unrealized loss on forward contracts.

Century posted a net loss of $3.9 million for the three months ended March 31 in contrast to net income of $23 million in the same period last year, but a marked improvement over a $31.1-million net loss in the fourth quarter....

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