Growth Markets
September 18, 2025
Written by Stephanie Ritenbaugh
The cause of a fire at Novelis’ aluminum mill in Oswego County, New York, is under investigation.
The fire started just after 10 p.m. ET on Sept. 16 in the facility’s hot mill near Syracuse. No injuries were reported among employees or emergency crews, according to Karen Judd, spokesperson for the Atlanta-based Novelis.
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Novelis produced the first cold mill coil at its Bay Minette, Alabama, rolling and recycling plant as commissioning continues toward 2027 shipments.
Honda and Toyota gained relative ground in the third quarter as GM and Ford sales declined and several battery-electric models lost volume.
Investor focus last week remained on the ongoing correlation between US treasury yields and oil prices, especially now that 10-year rates have reached fresh highs.
The aluminum manufacturer said about 10 salaried workers and 70 hourly workers were impacted.
