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.
The improvement in the current business situation and expectations for the next six months are equally responsible for an increase of FISI. Nevertheless, material shortages threaten to impair the important recovery process.
The current business situation of the European foundry industry continues to improve, while the problems and uncertainties related to vaccinations and the third infection wave, as well as the supply shortages of semiconductors in the automotive sector, are dampening the expectations.