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According to the PMBOK (7th edition) by the Project Management Institute (PMI), Fixed Price Economic Price Adjustment Contract (FPEPA) is a "fixed-price contract, but with a special provision allowing for predefined final adjustments to the contract price due to changed conditions, such as inflation changes, or cost increases (or decrease) for special commodities".
These prices are more an indication than an actual exchange price. Unlike the prices on an exchange, pricing providers tend to give a weekly or bi-weekly price. For each commodity they quote a range (low and high price) which reflect the buying and selling about 9-fold due to China's transition from light to heavy industry and its focus on ...
In addition to the descriptive steel grade naming system indicated above, within EN 10027-2 is defined a system for creating unique steel grade numbers. While less descriptive and intuitive than the grand names they are easier to tabulate and use in data processing applications.
The new tariffs, set to take effect March 12, are expected to raise producer prices for steel and aluminum by 15% to 20% in the coming months, economists for Pantheon Macroeconomics estimated in a ...
He said American retailers pressure him to cut prices by 10%, but he hesitates, having already slashed wages by 10-15% to stay competitive. "There are many Chinese foreign traders in the same ...
The company manufactures and sells sponge iron, mild steel slabs, rails, mild steel, structural, hot rolled plates, iron ore pellets, and coils. [6] Jindal Steel and Power set up the world's first MXCOL plant at Angul, Odisha that uses the locally available and cheap high-ash coal and turns it into synthesis gas for steel making, reducing the ...
SVCM steel is a kind of shock-resisting steel. [5] SVCM steel is an alloy of carbon, silicon, chromium, magnesium, nickel, molybdenum and lead. [6] SVCM+ in addition is quenched and tempered achieving a high hardness (HRC 59). [6] SCVM+ has better torsional properties than chromium-vanadium steel (Cr-V). [7]
Cost price is also known as CP. cost price is the original price of an item. The cost is the total outlay required to produce a product or carry out a service. Cost price is used in establishing profitability in the following ways: Selling price (excluding tax) less cost results in the profit in money terms.