A report from Research and Markets - The Manufacture and Wholesale of Metal Fasteners in South Africa 2022-focuses on the manufacture and wholesale of metal fasteners, including information on the size of the industry, trade statistics and influencing factors. A press release said that the report covers factors such as the impact of the pandemic, poor economic growth and high input costs. It looks at competition, the ownership structure of the industry and barriers to entry. It also considers the effect of safeguard duties on imports for various types of metal fasteners that have led to increased demand for locally manufactured fasteners. Such duties, it observes, were imposed on imported iron or steel bolts with hexagon heads and fully threaded screws with hexagon heads.
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