In August the European Foundry Sen­ti­ment Indic­ator (FISI) increased again after a slight dampener in the pre­vi­ous month, although short­ages of raw mater­i­als and cost explo­sions on the energy mar­kets put pres­sure on foundries on the pro­cure­ment side, while short-time work is increas­ingly being announced by the auto­mot­ive industry. 

In July the European Foundry Sen­ti­ment Indic­ator (FISI) dropped for the first time since exactly one year. TThis devel­op­ment does not yet rep­res­ent a clear set­back. Nev­er­the­less, in par­tic­u­lar the high raw mater­ial prices and the still tense situ­ation in logist­ics as well as the prob­lems in the vehicle con­struc­tion industry are impact­ing the sen­ti­ment among European foundries.

In June the European Foundry Sen­ti­ment Indic­ator (FISI) con­tin­ues its recov­ery for the sev­enth con­sec­ut­ive month. The driv­ing force behind this pos­it­ive devel­op­ment is the good assess­ment of the cur­rent busi­ness situ­ation. Expect­a­tions for the com­ing six months, mean­while, did not increase sig­ni­fic­antly, but remain at a high level.

The con­tin­ued improve­ment in expect­a­tions is very prom­ising. Nev­er­the­less, prob­lems in the indus­trial sup­ply chains and mater­ial bot­tle­necks threaten fur­ther development. 

The improve­ment in the cur­rent busi­ness situ­ation and expect­a­tions for the next six months are equally respons­ible for an increase of FISI. Nev­er­the­less, mater­ial short­ages threaten to impair the import­ant recov­ery process.

The cur­rent busi­ness situ­ation of the European foundry industry con­tin­ues to improve, while the prob­lems and uncer­tain­ties related to vac­cin­a­tions and the third infec­tion wave, as well as the sup­ply short­ages of semi­con­duct­ors in the auto­mot­ive sec­tor, are dampen­ing the expectations.

Invited by the EU Com­mis­sion, CAEF par­ti­cip­ated in the so-called Tar­geted Stake­holder Sur­vey (TSS) — a detailed con­sulta­tion on the fur­ther devel­op­ment of the Indus­trial Emis­sions Dir­ect­ive (IED). The IED is the back­bone for the author­isa­tion of industrial…