Fire at aluminium plant to hit Ford’s bottom line by up to USD 1 billion- 10 October 2025
The 16 September blaze at Novelis’ New York plant may disrupt aluminium supply for Ford’s F-150 production through year end, analysts warn.
👉 Source: Reuters
Summary:
The Dearborn, Michigan, automaker’s stock fell about 6% yesterday after news of the fire.
“Novelis is one of several aluminum suppliers to Ford. Since the fire nearly three weeks ago, Ford has been working closely with Novelis, and a full team is dedicated to addressing the situation and exploring all possible alternatives to minimize any potential disruptions,” a spokesperson for the automaker said in a statement. The company declined to comment on the Evercore note.
The supply-chain disruption is the latest challenge for the automaker as it weathers elevated steel and aluminum prices, a fast-changing trade environment and a battered supplier base that is emerging from work stoppages during the COVID-19 pandemic and 2023 union strike.
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