European Foundry Industry Sentiment

European Foundry Industry Sentiment

After a sharp drop and its low­est level in May, the Busi­ness Cli­mate Indic­ator for the euro area recovered for the third time in a row in August. How­ever, the signs of recov­ery have so far not been reflec­ted in the mood among foundries. The European Foundry Industry Sen­ti­ment, as a res­ult, has recor­ded a neg­at­ive sign for the sixth con­sec­ut­ive month since February. 

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The Role of the European Foundry Industry for the Auto­mot­ive Sec­tor dur­ing COVID-19

CAEF calls for a stim­u­la­tion of demand while com­ply­ing with the CO2-emis­­sion goals of the EU Green Deal: From the 16.8 mil­lion tons of cast­ings annu­ally pro­duced by CAEF mem­ber states more than half goes into new vehicles. In addi­tion, the pro­duc­tion of machines and other engin­eer­ing com­pon­ents from cast­ing adds to the share of car man­u­fac­tur­ers. How­ever, cur­rent cus­tom­ers’ restraint from pur­chas­ing new vehicles rein­forces the already grave fin­an­cial dis­tress. There­fore, the main ques­tion is how to stim­u­late demand without jeop­ard­iz­ing the ambi­tious but cru­cial CO2-emis­­sion goals of the EU Green Deal.

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CAEF Rep­res­ent­ing the European Foundry Industry in Seville

CAEF Rep­res­ent­ing the European Foundry Industry in Seville

Dur­ing a two-day work­shop final­ising the ques­tion­naire for data col­lec­tion in the con­text of the revi­sion of the Best Avail­able Tech­niques (BREF doc­u­ment) for foundries and smither­ies, CAEF´s focus was to provide tech­nical input as well as to avoid unne­ces­sary enhance­ment of the survey. 

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Suc­cess­ful Visit at EUROGUSS 2020

Suc­cess­ful Visit at EUROGUSS 2020

The EUROGUSS 2020 trade fair from 14–16 Janu­ary 2020 in Nurem­berg, Ger­many, was very suc­cess­ful. Every two years the fair offers a plat­form to dis­cuss trends as well as per­spect­ives for the inter­na­tional light metal, die-cast­ing and grav­ity die-cast­ing industry. Most of the CAEF foundry mem­ber asso­ci­ations had a booth or vis­ited the trade fair and took the oppor­tun­ity for in-per­­son meetings.

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General Secretariat
CAEF - The European Foundry Association

Hansaallee 203
40549 Düsseldorf
Germany

tel: +49 (0)211 6871 217
fax: +49 (0)211 6871 40217
e-mail: info@caef.eu