From Newsgroup: alt.politics.usa

https://www.dailymail.co.uk/yourmoney/article-15174267/ford-novelis-factory-fire-billion-loss-f150.html

A fire at a US aluminum plant will cost Ford $1billion.

On September 16, a three-alarm blaze ripped through the roof
at Novelis' hot mill in Oswego, New York.

Novelis, the world's largest recycler of aluminum that
produces 40 percent of American car making aluminum, said
the plant will be out of commission until early 2026.

Ford is the factory's biggest customer. The automaker buys
thousands of tons of aluminum from the plant to build body
panels for America's best-selling vehicle, the F-150 pickup.

On Wednesday, analysts at Evercore predicted the fire will
cost Ford $1billion in sales because of potential slowdowns
in US factory production.

Ford's stock fell about six percent yesterday after news of
the fire. That slide wiped erased $3.6billion from Ford's
$60 billion value.

The fire comes as American carmakers are already struggling
to contain price spikes. Yesterday, the average price of a
new vehicle leaving an American dealership was $49,952.

. . .

This was a big basic source of valuable product.
The explosion will set back a number of US
industries for at least six months.

Hmmm ... accident, or Vlad's boyz ??? Basic
industries are vulnerable and damage can be
far-reaching. Ukraine figured this out and
has been going after Russian basics. Higher
tech requires a lot of lower tech.

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