Novelis Reveals Plan to Restart Hot Mill Damaged in Fire

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Novelis announced in its latest quarterly

report that it plans to restart a hot mill

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damaged by a fire at its Oswego, New York plant.

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The metal manufacturer expects operations to

resume in December.

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Novelis said it primarily contained the

September 16th blaze to the facility's hot mill,

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which serves as the main aluminum sheet

production area.

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However, other production centers suffered

damage.

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The incident did not result in any injuries,

but the company estimated the total impact at

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approximately $21 million.

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The total.

Cost of the damage after insurance and other

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reimbursements, including $11 million in

non-cash charges,

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what the company will write off due to damaged

buildings and equipment.

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According to a company webpage detailing

recovery, Novelis initially projected Hotmail

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operations to resume in early 2026.

Restoration efforts have already brought the

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cold mill, finishing and recycling INGO casting

areas back online.

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The latest update on November 5th mentioned

that crews are working 24/7 to repair the roof

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and surrounding.

Structural damage.

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The company noted that it installed new roof

trusses, procured nearly 7000 parts required

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for repairs, and conducted a large scale

cleaning across the facility.

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The fire stands to negatively affect many of

Novelis's customers,

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including those in the automotive sector.

Citing analysts from Evercore,

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Reuters reported that the fire could cut up to

$1 billion from Ford's earnings by disrupting

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F-150 truck production for months.

The aforementioned November 5th update

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mentioned that Novelis used other.

Avenues of supply from its plants worldwide and

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industry peers to limit customer disruption.

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Specifically, CBT News reported that the

company sourced from plants in Brazil,

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South Korea, and Europe, despite facing a 50%

US tariff on imported aluminum.

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Novelis declined to provide details regarding

the Hotmail's operational capacity,

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sources used to supply customers, or any

effects from tariffs.

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IAN did not receive a response to its request

for comment from Ford.

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I'm Noah Bilstein.

This is Manufacturing Know.