Foundry Industry Worldwide: What are the Challenges?

Corona Crisis Foundry Industry Worldwide: What are the Challenges?

15.05.2020Editor: Nicole Kareta

In order to give the international foundry industry an overview of the constantly changing situation during the corona crisis, we have conducted a survey in the style of a trend indicator.

Related Companies

Albert Handtmann Metallgusswerk GmbH & Co. KG

Fondarex SA

To uncover the difficulties of the international foundry industry, SPOTLIGHTMETAL created a trend indicator with 126 participants from 40 countries.
(Source: gemeinfrei / Pexels )

In the past, it has already become clear that the light metal foundry industry had to overcome numerous challenges before - but especially during the corona crisis. For example, the temporary closure of foundries at the beginning of the year led to interrupted supply chains - a problem that in some cases still exists today. VDMA Chief Economist Dr. Ralph Wiechers reported in mid-April that "the supply chains are also still under strong pressure". In addition, the mechanical engineering industry was particularly hard hit by order losses or cancellations. Furthermore, it became known in mid-March that the German aluminum industry was expecting a drop in production. Consequently, short-time working is also a topic that became increasingly relevant at the end of March / beginning of April: According to a survey by the BDG, 86% of the German companies surveyed are already in short-time work or plan to do so in the immediate future.

SPOTLIGHTMETAL Trend Barometer

These difficulties are not limited to Germany, other countries are also exposed to the consequences of the spread of the corona virus.

What are the major difficulties in the current situation?

What will be the greatest difficulties in the future?

To answer these questions, SPOTLIGHTMETAL conducted a non-representative survey with 126 participants from 40 countries. Read the results in the White Paper!

Download White Paper!

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