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Strategy Review--Climate change, Corona, Tesla and the consequences

The aluminium foundry industry has changed noticeably for everyone since the fourth quarter of 2018. After years of permanent growth (worldwide cast aluminium production 2000 approx. 8 million t → 2017 approx. 18 million t), there was a decline in production figures in the 4th quarter of 2018 for the first time in 50 years (except for the crises 1994/95 and 2008/09). At this point, the ever-increasing discussion about global climate change had a significant influence. The automotive industry with its classic combustion engines was generally quickly identified as a major root cause. E-mobility was suddenly on everyone's lips. As a result, the production figures of the previous bread and butter parts (powertrain) of the aluminium foundry industry declined sharply.

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