Although the health emergency caused by the Covid-19 epidemic has had a major impact on all countries, with some very restrictive measures implemented to contain the pandemic and blocks on production, according to the latest World Census, published at the end of December 2021 by Modern Casting, its effects on the global production of castings have been fairly limited.
In 2020, the global output of castings (ferrous and non-ferrous) was 105.5 million tons, -3.8% down on the 2019 figures. The difference with the historical peak of 2018 where production exceeded 113 million tons has widened slightly and the average annual growth rate calculated over the last 30 years (CAGR – Compound annual growth rate) has weakened, dropping in 2020 to +2.6%, whereas until 2018-2019 it fluctuated at around +3%.
LAST NEWS
Large-scale castings: why casting quality makes the difference
In the industrial sector, the production of large-scale castings requires extremely high quality standards, as even minimal imperfections in the casting process can compromise production efficiency and equipment lifespan. In this context, the quality [...]
Plates, counterplates, and casting columns: precision and strength serving the industry.
In the steel industry, components such as plates, counterplates, and casting columns play a strategic role, as they ensure the precision and stability required during metal melting and solidification processes. Their reliability directly affects [...]
Fonderia di Castenedolo: Italian excellence in large-scale cast iron castings
Production of large-scale cast iron castings for industry Within the Italian foundry industry, Fonderia di Castenedolo stands out as a benchmark for the production of large cast iron castings designed for the most demanding [...]
CBAM: Foundries at risk of shutdown, according to Assofond.
CBAM has become an increasingly topical issue over the last two years, culminating in its entry into force on 1 January 2026. ASSOFOND, the trade association representing Italian foundries and a founding member of [...]
New high energy efficiency suction filter
An innovative suction filter for the core forming machine recently went into operation in our plant; it is a device designed with state-of-the-art features to optimize operations and reduce environmental impact. With a capacity [...]
A new mixer in foundry
A few days ago a new machine was put into operation in the foundry. It's a double-arm continuous mixer with a capacity of dispensing sand and reagents from 20 to 60 t/h. It's mounted [...]
