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Business Segments (Tables)
6 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
Schedule of segment information
The following table presents information about the Company's single segment for the three and six months ended June 30, 2025 and 2024.
Three months ended
June 30,
Six months ended
June 30,
2025202420252024
Net sales$628.1 $560.8 $1,262.0 $1,050.3 
Segment Cost of goods sold(1),(2)
(593.2)(532.0)(1,165.6)(1,001.5)
IRA Credit(1),(3)
21.9 10.7 41.8 22.6 
Lower of cost or NRV inventory adjustment(1),(4)
1.2 1.7 1.9 7.3 
Property and equipment expense(1),(5)
(21.8)(20.8)(43.3)(41.8)
Selling, general and administrative expenses(14.0)(12.3)(26.5)(26.4)
Other operating expenses - net(1.5)(1.7)(3.5)(2.2)
Interest expense - nonaffiliates(9.8)(8.9)(19.8)(16.2)
Interest expense - affiliates(1.9)(1.4)(3.7)(3.3)
Interest income1.9 0.6 3.7 1.3 
Net (loss) gain on forward and derivative contracts - nonaffiliates(15.6)(2.1)(21.0)0.9 
Net (loss) gain on forward and derivative contracts - affiliates— (1.9)— 2.5 
Bargain purchase gain— — — 245.9 
Other (loss) income - net(5.7)1.1 (9.1)(0.4)
Income tax benefit (expense)1.3 (0.5)(0.3)(1.0)
Net (loss) income$(9.1)$(6.7)$16.6 $238.0 
(1)Indicates a component of Cost of goods sold.
(2)Includes raw materials, labor, energy, freight costs, FIFO inventory adjustments and other direct cost of goods sold.
(3)Advanced production credit related to Section 45X of the IRA.
(4)Includes inventory revaluation to lower of cost or net realizable value and changes in inventory reserve.
(5)Represents the depreciation expenses and expenses related to leased assets that are directly related to the cost of goods sold.