Growth Markets
May 19, 2026
Written by Stephanie Ritenbaugh
Novelis expects to restart its hot mill in Oswego, N.Y., in the next few weeks.
During the company’s fiscal year 2026 earnings call, Novelis executives said the financial year was “challenged by the disruption caused by the Oswego plant fires” in 2025, but the company has begun cold commissioning the facility.
Stellantis’ Etobicoke Casting Plant faces uncertain production commitments and potential operational disruption as Unifor prepares strike authorization votes.
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.
