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.
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.