Domestic Producer Steel Prices (factory gate prices) exhibited a general decreasing trend during the first half of 2017 and declined from 37.5% y-o-y in January 2017 to 5.0% recorded in July 2017. During the latter part of 2017 prices picked up and increased to 10.1% y-o-y in September 2017.
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Based on the terms and conditions set out in the tender awarded to you, it is now time for you to take stock of what has happened to the price...
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So, you are in the process of tendering for that big contract and it is a requirement that you make use of the SEIFSA indices to assist you in accurately...
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Tender processes in South Africa need careful and accurate preparation to help you land that big tender but it can also be a time-consuming and costly exercise, especially if you...
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Domestic Producer Steel Prices (factory gate prices) exhibited a general decreasing trend during the first half of 2017 and declined from 37.5% y-o-y in January 2017 to 5.0% recorded in July 2017. During the latter part of 2017 prices picked up and increased to 10.1% y-o-y in September 2017.
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Congratulations you have just landed a very big tender contract! Despite this significant achievement you are unsure on how to proceed with the process, and different questions come to mind: What...
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In an ongoing effort to enhance our security and data privacy and to prevent unauthorised access, our Research and Development team have begun to implement two-factor authentication.What is Two Factor...
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Domestic Producer Steel Prices (factory gate prices) exhibited a general decreasing trend during the first half of 2017 and declined from 37.5% y-o-y in January 2017 to 5.0% recorded in July 2017. During the latter part of 2017 prices picked up and increased to 10.1% y-o-y in September 2017.
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Generally, PPI for final and intermediate manufactured goods would follow a similar trend as intermediate products filter through to the production and assembly of final manufactured goods. Between January 2017 and April 2017 the PPI for intermediate manufactured goods was higher than for final manufactured goods due to higher input costs and the volatile Rand.
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The metals and engineering sector is extensively responsive to exchange rate volatility as well as commodity price changes, these serve as both input and output variables to products in the sector. Domestic events have had a major influence on exchange rate fluctuations as well as the general economic outlook given the recent downgrade where business confidence has taken a severe plunge. These events are reflected in prices in the sector with the sector currently undergoing a structural downturn.
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