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Forge Fonderie magazine
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Forge Fonderie magazine (forging and casting magazine) is an authoritative and leading French publication for everyone interested in forging, metalcasting, mold and prototype industries.

It was designed to promote the professionals, technologies and companies involved with metal shaping while highlighting their innovation, dynamism and competitiveness.

Written contributions from all the stakeholders in our professional ecosystem are highly encouraged and welcome, in order to point out the weight of our industry benefiting our client sectors.

Created by the Fédération Forge Fonderie and published with a circulation of 3.000 copies 4 times a year (2020), this professional magazine intends to offer a transversal overview of metal shaping through fording, casting, molds and prototypes : technical topics and study case reports, economic-, legal- and environmental analysis, historical stories, management thinking and professional best practices. If you would like to order previous releases, please visit our Library corner.

 

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e-mail: i.redonda@ffe.fr

 

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News
March 5 2024

European Foundry Industry Sentiment, January 2024:

Despite existing uncertainties, FISI increases in January. FISI climbs to almost 93 index points.  

This January, the European Foundry Industry Sentiment Indicator (FISI) records a delightful increase, marking an upswing to 92.9 index points. This adjustment exceeds the negative development observed in December, as the index experiences an increase of 2.9 points, settling at 92.9 compared to 90.0 the previous month. 
A new year always bears the possibility of change and a positive turnaround. Despite the many difficulties that foundries have had to endure in recent years, the industry remains robust. Even though the industry has noticed a lack of subsidies, support, or any kind of relief, the FISI still managed to increase in the second month of the new year. This result is partially due to the fact that we have received mixed results from the member associations for the current month. Furthermore, it has to be mentioned that the significant increase in January is predominantly attributed to the Non-Ferrous Sector. 

Persistent challenges such as elevated energy prices, labour shortages, and uncertainties surrounding the availability of raw materials persistently exert pressure on foundries across Europe. These factors, when considered collectively, create a complex environment that necessitates strategic planning and adaptation to ensure the resilience and sustainability of the foundry industry in the region.

Meanwhile the Business Climate Indicator (BCI) stands at -0.42 index points in January. This marks the seventh consecutive time that the BCI is below the critical threshold of 0 index points. The index increased once again by 0.03 points from -0.45 in December. This month the negative BCI can be attributed as in the previous month mainly to the situation of the assessment of export order-book levels. The ongoing geopolitical tensions in both the Middle East and Ukraine are playing a pivotal role in propelling this development. 

The FISI – European Foundry Industry Sentiment Indicator – is the earliest available composite indicator providing information on the European foundry industry performance. It is published by CAEF the European Foundry Association every month and is based on survey responses of the European foundry industry. The CAEF members are asked to give their assessment of the current business situation in the foundry sector and their expectations for the next six months. 
The BCI – Business Climate Indicator – is an indicator published by the European Commission. The BCI evaluates development conditions of the manufacturing sector in the euro area every month and uses five balances of opinion from industry survey: production trends, order books, export order books, stocks and production expectations. 
Please find the chart enclosed or combined with additional information at www.caef.eu. 

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The Fédération Forge Fonderie is the French professional organization of metal shaping industries through forging, casting, metal additive manufacturing and related machining.

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