The panel discussion at the 10th VDI Symposium "Casting Technology in Engine Construction" took place according to the theme "Strategic Challenges of the Foundry Industry through Shifts in Value Chains in the Mobility Sector".
Prices continue to rise: across the board world commodity prices rose by 8.9 % during January 2018. Global economy is geared for growth — also on a broad basis — and the weaker dollar supported this trend. The weaker Grenback translated in a moderate rise of commodity prices in domestic currency by just 5.6 %. Especially prices for energy-related raw materials rose during January. The experts at Industriebank IKB explain the price development of raw materials in detail.
During September 2017, world commodity prices rose by 5.2 %. Due to a further slight appreciation of the euro against the dollar, the increase in domestic currency amounted to only 4.2 %. Political and natural storms were responsible for this. The experts at Industriebank IKB analyze the individual raw material prices in the article and the graphics in the picture gallery.