(Corrects paragraph 5 to specify Hyundai Motor’s North America unit) (Reuters) -A fire that broke out at Novelis’ New York plant in Oswego will disrupt business at Ford and other automakers for months, the Wall Street Journal reported on Monday. Ford, the biggest user of the plant’s aluminum, will likely flag potential implications of the […]
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Fire at Ford supplier set to disrupt business for months, WSJ reports
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(Corrects paragraph 5 to specify Hyundai Motor’s North America unit)
(Reuters) -A fire that broke out at Novelis’ New York plant in Oswego will disrupt business at Ford and other automakers for months, the Wall Street Journal reported on 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 to Reuters 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 Motor’s North America unit said 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 Reuters requests for comment.
(Reporting by Abu Sultan Preetika Parashuraman and Rajveer Singh Pardesi in Bengaluru; Editing by Alan Barona)