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My Ideas for 2017 for the North American Foundry Industry - what I got wrong, and what I got right…
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We make it hard for engineers to design, purchasers to buy, and companies to use steel castings.
Strategically, we need to make it much easier and reduce the risk and uncertainty. The Casteel
Commentary this month begins the coverage of our new engineering program to develop the tools,
properties and specifications to eliminate many of the barriers to the design and use of steel castings…
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This month’s Casteel commentary advocates our industry making clean plants a priority. Instead of
seeing this as a burden, we need to recognize this as an opportunity to improve our quality and
profitability…
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Appendices to Raymond Monroe’s testimony to Section 232 Investigation: The Effect of Steel Imports on National Security - Closed Steel Foundries and Lost Capacity since 2000, and Steel Foundries Involved in Supplying Defense Castings
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Steel castings are essential for economic prosperity, raising the standard of living and for providing national security. The best technology and economic performance is enabled by competition in the marketplace. Steel casting production is a difficult business with volatility including wide swings in demands and requirements. Recent challenges include the addition of global competition that often is damaging and predatory to North American industry. The U.S. government is initiating an
investigation into the effects of steel imports on national security…
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Last month introduced the idea that to improve our business performance and reputation, we should
strive to be smart, clean and friendly. Smart manufacturing is now in fact a current buzzword.
Industry 4.0 and the Internet of Things, IoT, are the topic of considerable press and promotion. This month the Casteel Commentary reflects on the opportunities in smart manufacturing for steel foundries…
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Steel casting producers need to be seen as valued members of their community, contributors to our
standard of living and advanced in technology. One approach is to make our companies exemplars of
clean, friendly and smart manufacturing. The Casteel Commentary this month introduces the possibility of transforming our image through ordinary improvements that will better our financial results as well as our value to our community…
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This month’s Casteel Commentary reviews last year’s ideas from January about business in 2016 and proposes new directions for 2017. On the whole, I expect 2017 to turn out better than we have
expected in our SFSA forecast. We will see growth as expected but I anticipate we will see double
digit improvement from 2016 by the end of 2017…
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The 2017 SFSA Market Forecast.pdf
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This month’s Casteel Commentary reviews an analysis of the SFSA forecast data and its correlation with macro-economic factors that should be related. The forecast numbers seem reasonable for the total market and for most of the major segments.
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