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Pandemic and italian foundries
The consequences of Covid have not been solely economic: they have also led to radical changes in how companies are managed. The Italian foundry industry was not exempt from the disruption, feeling its effects in [...]
Car market puts the brakes
Car crisis puts the brakes on no-ferrous metals: 2020 ends with -20% fall. Aluminum and red metals see biggest drop, with more moderate declines for zinc and magnesium. The pandemic dealt a heavy blow to [...]
Foundry internationalization
Modern casting technologies are coming up against market scenarios as well as product development undergoing rapid evolution. It therefore becomes necessary, if not essential, to keep abreast of the market, while engaging with product trends [...]
A 2020 with diverse decrease
Severe contraction in 2020 for cast iron and investment casting foundries, while steel foundries contain reduction. The total output for ferrous castings in 2020 was under 900,000 tons, a fall of -19.5% and a decrease [...]
Raw materials crisis: recovery’s unknown
Prices reached by raw materials, unthinkable just a few months ago, throw a shadow over recovery. If it’s any consolation, the latest outlook survey conducted by the Assofond Study Centre, shows how Italian foundries have [...]
Smart manufacturing and foundries
Smart manufacturing is a key challenge for the foundry of the future. Over the past few years, the manufacturing sector has been hit by a wave of new computing technologies. These technologies’ main objective is [...]
Waste and foundries.
With constant changes to sector regulation and numerous interpretations of the regulations by different authorities (who often change based on geography or the entity involved), waste management is always a topical and relevant subject for [...]
Foundries and occupation
As it emerges from the latest annual Assofond survey on employment, absenteeism and company policies, based on a review of Confindustria data, also in 2019 the foundry sector remained broadly stable. In terms of how [...]
Expensive raw materials and foundries
From the analysis by Andrea Beretta Zanoni, professor of business administration at the University of Verona, it results that even before the pandemic the alarm bells were already sounding for the foundry sector. The uncertainty [...]
Foundries: low profits, high capitalization
According to an analysis of financial statements by Assofond, the industry was already showing some troubling signs in FY2019. Capitalization rates though remain high. The foundry sector closed out FY2019 at a standstill in [...]
Raw materials in times of pandemic
Nerves by Covid-19 for raw materials of the steel sector, prices for pig iron and scrap for steel mills fluctuated considerably in 2020, confusing operators and generally changing the approach to the market. The [...]
Corporate foundations and foundries
Corporate foundations are a way for foundries to boost the economic value along with social and environmental impact on the local area. Over the last few months, a positive phenomenon has taken root in [...]
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