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.
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.
While the coronavirus spread around Europe, the COVID-19 pandemic affected the health care and the socio-economic systems of the European countries to varying negative extents. Accordingly, the European Foundry Industry Sentiment continued to decline in April 2020, after the mood already worsened in March.
1 September 2020 — 30 September 2020
4 September 2020
1 October 2020 — 31 October 2020
2 January 2021 — 26 February 2021