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
Offices closed on April 25 and 26 and May 1
Our offices will be closed on Thursday, April 24 and Friday, April 25 on the occasion of Liberation Day and Wednesday, May 1 for Labour Day.
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 [...]
The global production of castings dropped in 2020
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 [...]
Energy efficiency and efficiency titles
The search for sustainability is one of the cornerstones for any company that wishes to adapt to efficiency standards both for the use of raw materials and for energy resources. Current trends reward companies that [...]
People: the heart of projects and innovation
The fear that machines may one day replace people within the company runs through the entire history of technological innovation from the very beginning until today. Looking at the past, however, it is clear that [...]
