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.
The continued improvement in expectations is very promising. Nevertheless, problems in the industrial supply chains and material bottlenecks threaten further development.
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.
Invited by the EU Commission, CAEF participated in the so-called Targeted Stakeholder Survey (TSS) — a detailed consultation on the further development of the Industrial Emissions Directive (IED). The IED is the backbone for the authorisation of industrial…
Only once in the past ten years the European foundry industry has reported a higher increase of the sentiment indicator within one month.
The safety and health of employees in foundries has top priority. Further improving the high standards is a vital part of our activities. Therefore, we support the European Network for Silica (NEPSI) and participate in their biennial reporting. NEPSI is the first…
For the first time since August 2018, the business sentiment indicators for foundries of all three material groups ‑iron, steel and non-ferrous- show a positive sign regarding both the current situation and expectations.
The European Foundry Sentiment Indicator (FISI) close the crisis year with a cautiously positive signal.