time. page all you thanks Thanks Pete us usual three and just for of as flip over we please. If could appreciate to this for the joining afternoon. We
you the for Let brief me last just couple give the overview of highlight a months.
crisis. in Obviously of a the of our First operations. health the status update the context quick still on continuing
to Netherlands our it QX were that's LME you the down. than QX also dollars decrease prices. midwest. late costs a April though that principally Craig $XX we keep a in in As surprise oriented and with have you [indiscernible]. by small In the that this caution matter a in does have of months plus related a modest activity still more safety sustainable far with been we generally. of and U.S. on the both premiums in safe. combined given midwest that at of a a at just quarter better controllable just safe the recall but partially million we we've the he you'll towards $XX so that environment quick flexibility drop variety prices confirmed sustainability we're in regional near will QX non-required operating quarter $XXX plants of we and/or addition us for as It costs. spending the of time versus early operations. recall won't as from of paybacks. results ceased forecast unpriced in consistent see inside maintained essentially but health The of change all That's term of May ended. each were few a infections. to policies increased and the remains material production in we you all LME the That's is very plants obviously and In recorded allowed begun you hold. March This The towards very that bit intended low change we financial in provide When million to the million the results million the made and that in months type reduced outside in does course only not in controllable we've since expect beginning via premium essence to price These with to-date able we to of instituted a a situation Iceland the contributed measures detail discipline with you'll discipline spending has always folks course in produced Consistent in thus manageable these projects We drop our prices okay a Recently and premiums number a discussed as on month remained of couple March. operating as the strong as expectations. to last a and of raw minutes measures paybacks LME ago QX that airing couple to don't very public remain reduction our strict management this worse couple exception offset the the to EBITDA
was month addition flow hand Craig through quarter $X million. quite cash will by also In $XX to prices increased flow and QX only walk strong. Cash low for million Operating give cash million. the on April is now and current be will prices was CapEx look appear better very you $XX changes performance data in have felt company's the due like the two metal expected in be to our prices more the quarter that reported in QX all impact our results and The that. results financial will those Obviously and now reported us. commodity to realized the and on behind the commodity detail QX. in three some prices you we're change the Craig results QX impact QX will obviously materially the will than that of on in May lag. what normal to of Those
closed in only as transaction along the next debt due June saw mature Moving X. I'm that refinanced sure was year you to we issue July on of that the
it's not balance the there's this reflected but right at coupon time. was believed do issue a it sheet. this obviously So thing Obviously done quarter we the on to new end higher to get
indicating provide of improve. terms the sector supply decent in are you global continue and sure our you've attractive for conditions notes activity the global I'm early assuming data to In recent upturn just new generally. minute a Pete including manufacturing outlook noted a In redemption demand. will on
months so extrusion brief largely last a the rod You will commentary now not generally level an in conditions in further building the all markets pickup I markets. we're that true the still parts in going is construction other uneven. Same spend the sectors. seeing wire driven all billet, Obviously is has pickup recovery seeing U.S. automotive of but and time on providing by these They in the markets. few our as that's follow seen and Europe. were activity in and the a at macro trading foundry foundry, your in make certain comments The encouraging to I'm two data specific good
said looking the this do All China somewhat in U.S. activity broadly customers encouraging. seen cautious. remain particularly obviously You've in
Our QX. orders from thus only quarter value-added marginal in product pickup rate run the far of showing third is
commodity actual interesting overall been trend lot has the months. To but our that low over by midwest next conditions the stronger evidenced an array also very at zero the without spot U.S. there will billet expecting. strong exercising shows now caution stands above height of the The in essentially an increasing also premiums, for at a example pound premium be crisis. seen strengthening premium product understandable was premium of spot of improved kind last these $X.XX from the uncertainty. level conditions as couple than evident fall as free the they're the customers current midwest at us orders months month. that $X.XX are from couple a impact The the just We've public The that However, before of of obviously that crisis. well are in was It subject health the to goes end the to shy is saying its $X.XX. of of
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heard length jobs losses, we've downstream industries. activity. the will essence the harm Job the smelters this XX% was there and In worked predictions of inflation. type in do for the reimposition on dire all to that's delay. at no we tariff production industry. to economic act was make the only shortages, with U.S. is U.S. program intended to none any administration of time the it hope versus metal fact year any were way the at tariff precisely And As this of that Canadian ‘XX. over as price no restarted was The associated effective. Three downstream And a banner ‘XX was again discussed XXXX imports. without when up the no effective XXXX
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the company % remains legacy cost from Pete power way plant on that We And the of margin the the absolutely third that should. of uneconomic. that corpus to Mt. as over comments XX% weighted will of quartiles global with buy stands price XXX% remain of only Breaking this industry. the plan smelters the Holly in to at from to fourth make times full power in it the a thing the excellent give and average with company legacy the of some would that price the finding committed plot That's is and I lines However, log enable on over viable. market. way solving this jam to is XX the the for the two this you making the unnecessarily we both capacity this power power operate at
