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Resumen de GIFA 2015: : Foundry minerals suppliers face Chinese lion's den

Laura Syrett

  • "The foundry market is pretty flat," [Carsten Wehling] said. "If anything significant happens, it tends to be in five or ten-year cycles. We've been in business for a long time, so we've seen and survived several of these cycles." "We are very busy this year," Maik Piller, a product manager for Foseco - the foundry arm of UK-headquartered Vesuvius Plc - told IM. "I think the markets are doing well now, although this means there is more competition, particularly from Asia." Raw materials trading groups were also optimistic about the condition of the industry. "For speciality materials, we never really saw a decline," one trader told IM. "For the more commodity-type materials, yes there was a downturn, but for the more niche products where there was no substitute, the market held up and is getting better now."


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