In a statement late, Novelis—which is owned by India’s Hindalco—said it anticipates operations to restart at the Oswego facility’s hot mill by the first quarter of 2026.A fire that broke out at Novelist‘ New York plant in Oswego will disrupt business at Ford and other automakers for months, the Wall Street Journal reported on late Monday.
Ford, the biggest user of the plant’s aluminum, will likely flag potential implications of the setback to investors when it discloses quarterly financial results later this month, the report said, citing people familiar with the matter.
Novelis, the world’s largest recycler of aluminum, reported a fire incident at its Oswego plant on September 16, with no injuries.
In a statement late on Monday, Novelis—which is owned by India’s Hindalco—said it anticipates operations to restart at the Oswego facility’s hot mill by the first quarter of 2026.
Hyundai said that there is no impact to its vehicle production related to the fire. Ford, Stellantis, Toyota, Volkswagen , which depend on aluminum from Novelis, did not immediately respond to requests for comment.
Ford Shares Fall 7%
Shares of Ford Motor plunged more than 7% to $11.82 during early trading on Tuesday after the report
