Exhibit 99.4
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                                 Contact:     Kim S. Knotts
                                              Director of Investor Relations
                                              (502) 588-8207


              COMMONWEALTH INDUSTRIES' BOARD OF DIRECTORS APPOINTS
                    NEW PRESIDENT AND CHIEF EXECUTIVE OFFICER

LOUISVILLE, KENTUCKY (June 11, 2004) - Commonwealth Industries, Inc. (NASDAQ:
CMIN) announced that its board of directors has elected Steven J. Demetriou as
president and chief executive officer of the Company effective June 11, 2004.

Mr. Demetriou, who currently serves on Commonwealth's board of directors, will
succeed Mark V. Kaminski, the Company's current president and CEO. With a solid
track record of successfully leading companies, Mr. Demetriou has been the
president and CEO of Noveon, a leading global producer of advanced specialty
chemicals for a broad range of consumer and industrial applications, since 2001.
Previously, he was the executive vice president of IMC Global Inc. and president
of IMC Crop Nutrients from 1999 to 2001. Mr. Demetriou also served in a number
of leadership positions with Cytec Industries Inc. from 1997 to 1999. From 1981
to 1997, he held various positions with Exxon Corporation.

"Steve's strong management experience will help shape Commonwealth as we
continue to focus on our core competencies," said Chairman of the Board Paul E.
Lego. "His vision for the future of the Company complements the efforts we have
been making in defining a leadership position for Commonwealth in the materials
recycling and aluminum sheet business. With continued emphasis on developing
creative solutions and new products for our customers, I believe that
Commonwealth will extend its strong market share and brand equity."

Commenting on his election, Commonwealth's new president and CEO stated, "I am
very excited about the opportunity to take a more active leadership role in the
company. I believe that Commonwealth's competitive product portfolio, excellent
customer base, efficient distribution channels and exceptional employees are all
factors that will enable us to realize the value of the investments that have
been made in the Company."

Mark Kaminski said, "I have decided to explore other opportunities that will
capitalize on my 30 years of business experience, 17 of which have been with
CII, and will further my personal interests in charitable and academic
endeavors. I thank Commonwealth's directors, management and employees for their
efforts and contributions during my tenure here, and wish them continued success
in the future."


Chairman of the Board Paul Lego further commented, "The board of directors and
Mark will ensure a smooth executive transition. We would like to acknowledge
Mark's executive leadership over the past 17 years and wish him well in the
future."


Commonwealth Industries is one of North America's leading manufacturers of
aluminum sheet for distributors and the transportation, construction, and
consumer durables end-use markets. The Company has direct-chill casting
facilities in Kentucky and continuous casting mini-mills in Ohio and California.
Commonwealth also is a leading manufacturer of innovative electrical products
through its Alflex operations in California and North Carolina. For more
information about the Company, visit Commonwealth's website at
www.ciionline.com.

Certain statements set forth above may constitute forward-looking statements
within the meaning of the Private Securities Litigation Reform Act of 1995. All
statements regarding the consummation of the closing of the sale of Alflex and
the Company's and its subsidiaries' expected future financial position, results
of operations, cash flows, dividends, financing plans, business strategy,
budgets, projected costs, capital expenditures, competitive position and growth
opportunities are forward-looking statements. Such forward-looking statements
are based on management's current expectations and include known and unknown
risks, uncertainties and other factors, many of which the Company is unable to
predict or control, that may cause the Company's actual results or performance
to materially differ from any future results or performance expressed or implied
by such statements. Such factors may include, without limitation, the ability to
close the stock purchase agreement for the sale of Alflex while obtaining the
approval of the regulatory agencies, the success of the implementation of the
Company-wide information system, the effect of global economic conditions, the
ability to achieve the level of cost savings or productivity improvements
anticipated by management, the effect (including possible increases in the cost
of doing business) resulting from war or terrorist activities or political
uncertainties, the ability to successfully implement new marketing and sales
strategies, the impact of competitive products and pricing, product development
and commercialization, availability and cost of critical raw materials, the
ability to effectively hedge the cost of raw materials, capacity and supply
constraints or difficulties, the success of the Company in implementing its
business strategy, and other risks as detailed in the Company's various filings
with the Securities and Exchange Commission.