The State of the Metals and Engineering sector report is the leading annual report on growth dynamics, production, price, trade, investment, trade-investment, employment, productivity and competitiveness drivers of strategic Metals and Engineering (M&E) sub-industries of manufacturing. The Report includes relevant forecasts and provides a detailed elucidation of the status quo of the M&E sector in 2020 and 2021, including wider economic and statistical context of the latest output and competitiveness variables, underpinned by global and domestic dynamics. The analysis conducted and inferences made interesting also providing key insights to policy-makers and broader stakeholders.
The main aim of the report is to track whether the sector is expanding or declining and several longitudinal data and trends (which are often very volatile) are monitored accordingly. The study makes use of an eclectic methodology in its analyses and entails comparing the most current data point to the one immediately preceding it. It also makes use of a monthly and annual analyses, including several year-to-date versus previous year comparisons. The approach helps in contextualising the growth trend in the industry, in generally highlighting the various drivers of growth (or lack of) and in predicting output trends in the sector with a high confidence interval. Ad hoc monthly commentary and periodic reviews are subsequently published as derivatives of the research report.
The second objective of the study is to provide an intrinsic understanding of the dynamics of observed trends. The analysis in this regard is evidenced-based, robust and compelling, further igniting several discourses. Resultantly, more in-depth reviews and opinion pieces of specific drivers have been conducted and published in several platforms. Some of these include the SEIFSA News journal and domestic newspapers including technical publications.
The third objective is for the report to ignite interest and provide evidenced-based impetus for collaboration advocacy and lobbying. Collaboration and lobbying should be aimed at reducing specific constraints as identified in various internal for a within SEIFSA. Given that the EC division acts as a repository of much of the information on the sector’s economic performance over the years, an important aspect of the research is, therefore, in facilitating advocacy and lobbying initiatives in several external forums.
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