The recovery of the domestic automobile industry in the United States has led to an increase in the production of auto parts, and the main growth areas of its automotive casting industry are ball-milled iron castings, aluminum castings, and magnesium castings.
Due to the increasing demand from the mining industry and the transportation industry, the sales of steel castings also quickly recovered to pre-crisis levels. The decrease in the number of foundry factories was mainly due to the economic recession, advances in science and technology, competition from other countries, and strict regulations. However, today, the debt crisis in Europe has gradually receded, and the economic crisis is slowly recovering. The US castings industry also experienced a pick-up, with an annual growth of 9.3%. It is estimated that the casting manufacturing products will return to the level of 2007 at the end of 2012.
Due to the increasing demand from the mining industry and the transportation industry, the sales of steel castings also quickly recovered to pre-crisis levels. The decrease in the number of foundry factories was mainly due to the economic recession, advances in science and technology, competition from other countries, and strict regulations. However, today, the debt crisis in Europe has gradually receded, and the economic crisis is slowly recovering. The US castings industry also experienced a pick-up, with an annual growth of 9.3%. It is estimated that the casting manufacturing products will return to the level of 2007 at the end of 2012.
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