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Novelis Reveals Plan to Restart Hot Mill Damaged in Fire
Yahoo Finance·2025-11-08 00:14

Novelis announced in its latest quarterly report that it plans to restart a hot mill damaged by a fire at its Oswego, New York plant. The metal manufacturer expects operations to resume in December. Novelis said it primarily contained the September 16 blaze to the facility’s hot mill, which serves as the main aluminum sheet production area. However, other production centers suffered damage. The incident did not result in any injuries, but the company estimated the total impact at approximately $21 million, ...