Metal Foundry News

In 2010, as for the construction machinery industry in China, the whole business income was still increased largely, especially for ships and offshore equipments, railway equipments and machinery related listed companies. [Sep. 09, 2011]

In the first half of 2011, the exporting volume of Germany in mechanical manufacturing industry has increased 18.2% compared with the last year. The exporting volume of main industrial products has reached 68.9 billion EURO. China has been the largest exporting country of Germany. [Sep. 05, 2011]

In the first half of 2011, BHP Billiton, Vale and Rio Tinto achieved net profit increasing 200%, 150% and 30%, and changed the annual pricing into monthly pricing. This monopoly to iron ore has squeezed the whole profits of steel industry, which is also causing the price increasing to steel and iron. [Sep. 01, 2011]

In 2010, the total output of China metal castings is 39.6 million tons, which shows the 12.2% increasing compared with 2009. [Aug. 31, 2011]

The exchange rate of USD to RMB has reduced to 6.36 by today. From 21st Jun. 2010, the buying rate of USD to RMB has continually reduced 6.6% in the past 14 months. [Aug. 30, 2011]

In Africa, especially South Africa, 70% metal parts are imported from worldwide. China has been the main importer to Africa. [Aug. 29, 2011]

In order to implement energy saving and emission reduction, the total amount of metal foundries in China will be reduced to 20 thousands by 2015, and reduced to 10 thousands by 2020, according to the China Casting Parts Exhibition Introduction Meeting in 2011. [Aug. 28, 2011]

11th China International Casting Expo and the Fifth China Casting Parts Exhibition will be held on 9th – 12th May, 2012 by China Casting Association at Beijing, China. [Aug. 27, 2011]

2012 Mexico International Casting Exhibition will be held on 25th to 27th April, 2012 in New Leon State Monterrey. There will be estimated 240 enterprises to attend this exhibition. [Aug. 26, 2011]

The German industry organization will host an international aluminum die casting appraisal activities, the awards show of Champions will be held on 17th to 19th Jan. 2012 at European international die-casting equipment exhibition. [Aug. 25, 2011]

By 2015, the total number of metal foundries in Botou city will reduce from current 700 to 300. The small, backward and high-pollution casting factories will be closed. [Aug. 24, 2011]

Some large machine enterprises from Japan started investment to produce high-performance machine tools / machining equipments in China, in order to meet the market demand in China. [Aug. 23, 2011]

According to the Electrical Industrial Business Confidence Survey Report in August, 2011, from NEMA, the 44% enterprises in electrical industrial business admitted the economic situation started to deteriorate in the recent one month. The downturn situation may continue to 2012. [Aug. 24, 2011]