Century Aluminum and USW ratify new labor agreement at Century Sebre smelter Century Aluminum subsidiary Century Aluminum Sebree announced that a new, five-year collective bargaining agreement with the United Steelworkers Local 9443-00 was ratified on July 17 for the Century Sebree aluminum smelter in Robards, KY. The agreement is effective through October 28, 2019. The agreement covers approximately 400 hourly workers at the Century Sebree operation.
Aluminum prices decline on excess supply, Bloomberg says Aluminum prices have been under pressure as prices for the metal fell 9.4% in May in the largest monthly drop since October 2012, says Bloomberg. According to the Bloomberg report aluminum producers in China have been encouraged by cheap coal to operate their furnaces and may expand exports. Companies in the aluminum space include Alcoa (AA) and Century Aluminum (CENX). Reference Link