Global Trade
January 9, 2026
Novelis says Oswego repairs to cost $255 million, restart TBD
Written by Stephanie Ritenbaugh
Novelis expects it will cost $255 million to repair the damage to facility after major fires at its rolling mill this fall in Oswego, N.Y.
It remains unclear how long the repairs will take, as the second fire in November damaged the hot mill’s finishing mill, the company said in an application seeking financial assistance filed with the County of Oswego Industrial Development Agency.
