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The Foundry market is a subset of the Metals and Minerals industry, focusing on the production of metal castings. Foundries use a variety of processes to produce metal parts, such as sand casting, die casting, and investment casting. The metal castings produced by foundries are used in a wide range of industries, including automotive, aerospace, and construction. Foundries also produce a variety of alloys, such as aluminum, steel, and copper.
Foundries are typically equipped with a variety of machines and tools, such as furnaces, ladles, and molds. The process of metal casting involves melting the metal, pouring it into a mold, and allowing it to cool and solidify. Foundries also employ a variety of finishing techniques, such as machining, grinding, and polishing.
Some of the major companies in the Foundry market include ArcelorMittal, Nucor Corporation, and Alcoa Corporation. Other notable companies include Posco, Kobe Steel, and Tata Steel. Show Less Read more