Foundries fire up a gear
By Jessica Roberts
Published: Monday, 21 June 2010
Automotive markets are giving foundries the drive they need to recover from recession, but western foundries will have to tap into specialised products to compete with developing countries’ heavy industries
To onlookers, the world foundry industry has received
something akin to a jump-start this year. Like other markets
directly related to industrial activity, the foundries sector
followed the downturn seen in construction and refractories
markets in late 2008 and the resulting stagnation in 2009. But
its fall was not as...