Novelis restarts Oswego hot mill after 2025 fire disruption
Reuters2026/08/05 10:15Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Hindalco unit Novelis restarted the Oswego, New York hot mill in early June following two fires in fiscal 2026.
- First-quarter fiscal 2027 rolled product shipments fell 5% to 916 kilotonnes, including an estimated 33 kilotonne hit from the disruption.
- The Oswego fires drove $265 million in pre-tax net losses in the quarter.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hindalco Industries Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202608050612PR_NEWS_USPR_____CL19363) on August 05, 2026, and is solely responsible for the information contained therein.
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