Foundries supply all sectors of the modern world, including the automotive, aerospace, power generation, railway, petrochemical, medical, defence and marine.
CAEF — The European Foundry Association
Umbrella organisation of the European foundry industry, established in 1953. CAEF deals with economic, technical, legal, and social issues. Its membership includes the national foundry associations from 22 European countries.
European foundries’ expectations for the next six months are under pressure. On the one hand, exploding raw material and energy costs have been accompanying the companies for months. On the other hand, in addition to the semiconductor crisis, the automotive industry could soon be confronted with shortages in the supply of magnesium and aluminium, just like many non-ferrous metal foundries.
Data of unique scope and depth show the impact of the Covid-19 pandemic on European foundries. While the European production of non-ferrous metals decreased by 19.2 % overall, the production of iron, nodular iron and steel castings decreased by 19.8 % compared to 2019.
16 September 2022