On July 2, 2020, the KSM Castings Group GmbH, one of the leading automotive suppliers for lightweight die-cast aluminum and magnesium components for chassis, gearboxes and engines, applied for a protective shield procedure. The German automotive market is particularly affected by the effects of the corona pandemic with strong falls in demand and production. In order to take these market changes into...

Roberto Ariotti (Assofond): "For the Italian foundries, we assume that production will decrease by 20-30% in 2020." "The foundries generally paid the lockdown price much more than the industry average. Our sector had already slowed down in 2019, which has been significantly reinforced by the events of the past few months. However, there was no total blockade: around 15% of the companies in the...

The coronavirus pandemic has abruptly impeded the global economies’ development. First and foremost, the epidemic situation has significantly impacted traditional ways of doing business in most companies and institutions, including trade fair and exhibition organisers. Poland’s Prime Minister Mateusz Morawiecki held the press conference on 27 May and announced that, starting 6 June trade shows and...

Held every two years, the International Foundry Congress is a globally known and prestigious technical event that constitutes a perfect occasion for exchanging knowledge and experiences, the newest achievements and innovations. The Turkish Foundry Association's aim is to provide a platform that casting producers, researchers, R&D centers, customers and suppliers would be in communication on an...

The Italian suppliers play an important role in this, and so German companies in the automotive industry, in tractor construction or in mechanical engineering are increasingly concerned about supplies from northern Italy. The boss of the premium brake manufacturer Brembo Alberto Bombassei recently called for an orderly return to the production of the component suppliers, after all it was about projects...

METAL Expo has been an excellent knowledge acquisition and exchange platform, the best place to find out about the latest foundry technologies. Within the years METAL Expo became one of the two most important industry events in Europe. Listen to the event organizer's Podcast update here The events cluster is held in the Kielce exhibition and congress centre under the banner of the...

The corona crisis has had Europe in its grip since the end of February 2020, and is entering its second month in Germany. How is the German foundry industry affected? Thomas Fritsch (Foundry-Planet) conducted an interview with Max Schumacher, the managing director of the Federation of the German Foundry Industry (BDG), on the current status during the corona pandemic: FP: You have recently asked...

According to Francesca Bruni, who spearheads ArtValley, in a situation like this, where there are so many unknowns, it is difficult to gauge exactly when the recovery will start. “I am sure that the recent measures taken by the Italian government –although these need to be stronger – and other national governments, such as the $2 trillion aid package expected to be passed in the U.S. and the $814...

Germany's car manufacturers are still demonstratively relaxed and are sticking to their 2020 sales targets, but that could change quickly as Europe and the US are now severely affected, even if there are signs that China could recover in the next few weeks. Car manufacturers shut down plants The Corona Virus has become a global pandemic and has infected Europe. More and more car manufacturers are...

The move follows a decision by the Italian government to impose sweeping restrictions on travel and public gatherings as it tries to contain the worst outbreak of the coronavirus, or Covid-19, outside China. The Italian-American automaker said in a statement Wednesday that plants will be closed and production rates reduced “to support the nationwide campaign addressing the Covid-19 crisis.” The closure...