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Economy News

The Economic Times

Economy / The Economic Times

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Trial by fire: Novelis may see bigger cash flow hit

In the wake of a second devastating fire at its Oswego facility, Novelis Inc. has revised its expectations dramatically, now forecasting a staggering impact on its free cash flow. Originally bracing for a loss of $550-650 million, the company is now looking at potential damages between $1.3-1.6 billion prior to insurance compensation.

11 Feb 2026 11:35 pm