The formulae for the calculation of prices under the Price Preference System for scrap metal is detailed and can be found as follows on the ITAC website:
Government Gazette no 37992 Notice Number R714 published on 12 September 2014 can be accessed at http://www.itac.org.za/upload/gg37992_nn714.pdf
ITAC’s Report No 490, Review of the Discount Rates in the Price Preference System for Ferrous and Non-Ferrous Waste and Scrap, which may be accessed at http://www.itac.org.za/upload/Report%20No%20490.pdf .
Whilst a formal impact study is scheduled for April 2016, the Department monitors the impact of the regulations on the level of exports of scrap metal.
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