[SMM Aluminum Flash News] Novelis Oswego Hot Mill Expected to Resume Production Within Weeks

Published: May 21, 2026 09:50
Novelis said the hot mill at its Oswego plant in New York is expected to resume production within the next few weeks, earlier than the previously expected end-June restart timeline. The facility experienced two fires in September and November 2025, both limited to the hot mill area with no injuries reported. The company said other key assets were unaffected. Recovery and commissioning activities are progressing faster than expected, and the restart is expected to help address pent-up demand and normalize shipments. The two fires caused an estimated USD 1.7 billion financial impact and reduced rolled product shipments by about 73 kilotons, negatively affecting adjusted EBITDA by around USD 53 million.

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Novelis said the hot mill at its Oswego plant in New York is expected - Shanghai Metals Market (SMM)