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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
NET SALES:      
Related parties $ 1,671.1 $ 1,337.0 $ 1,025.5
Other customers 1,106.2 875.5 579.6
Total net sales 2,777.3 2,212.5 1,605.1
Cost of goods sold 2,730.6 2,088.3 1,641.6
Gross profit (loss) 46.7 124.2 (36.5)
Selling, general and administrative expenses 37.5 57.6 43.5
Asset impairment 159.4 0.0 0.0
Other operating expense - net 0.0 0.6 0.5
Operating income (loss) (150.2) 66.0 (80.5)
Interest expense – Hawesville term loan 0.0 (1.6) (1.9)
Interest expense (29.3) (28.8) (29.7)
Interest income 0.5 0.8 0.8
Net gain (loss) on forward and derivative contracts 197.1 (212.4) (17.3)
Loss on early extinguishment of debt 0.0 (24.7) (1.2)
Other income - net 15.3 3.1 3.5
Income (loss) before income taxes and equity in earnings of joint ventures 33.4 (197.6) (126.3)
Income tax (expense) benefit (47.4) 30.6 3.1
Loss before equity in earnings of joint ventures (14.0) (167.0) (123.2)
Equity in losses of joint ventures (0.1) (0.1) (0.1)
Net loss (14.1) (167.1) (123.3)
Net income (loss) allocated to common stockholders $ (14.1) $ (167.1) $ (123.3)
LOSS PER COMMON SHARE:      
Basic (in dollars per share) $ (0.15) $ (1.85) $ (1.38)
Diluted (in dollars per share) $ (0.15) $ (1.85) $ (1.38)
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:      
Basic (in shares) 91,400 90,200 89,500
Diluted (in shares) 91,400 90,200 89,500