Novelis, a leading aluminum supplier for the auto industry, anticipates that its fire-damaged facility in Oswego, New York, will remain closed until early 2026. The fire on September 16 significantly affected the hot mill, prompting the company to work urgently to mitigate supply disruptions for major clients, including Ford, GM, Toyota, and Stellantis. While Ford is taking proactive steps to minimize impact, GM and Toyota do not foresee significant operational issues. However, the production halt may lead to increased aluminum costs for automakers, who may seek alternative sources or U.S. government exemptions from tariffs on imports.

Source: https://www.supplychaindive.com/news/novelis-factory-closure-fire-auto-supply-chain/802410/