Strong Financial Performance
Century generated $74 million of adjusted EBITDA in Q2, reflecting strong operational performance and strategic initiatives.
Positive Impact of Section 232 Tariffs
The reinstatement and increase of Section 232 tariffs by President Trump have significantly boosted Midwest premiums, contributing to improved financial results.
Mt. Holly Expansion
Century announced the restart of 50,000 metric tonnes of additional production at Mt. Holly, which will increase production to over 220,000 metric tonnes per year and add nearly 100 full-time jobs.
Successful Refinancing
Century completed the refinancing of its 7.5% senior secured notes with new $400 million 6.875% notes, simplifying debt structure and reducing interest costs.
Strong Domestic Demand
There is increased demand for Century's domestically produced billets, with shipments up 8% year-over-year in the first half of 2025.