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.