Fabrication with Machining - Cost-Effective Mild Steel Fabrication and Machining for 1,000 Components

The buyer is seeking quotations for the manufacture of a new mild steel industrial machinery component requiring fabrication with machining. The project was previously issued as a machining requirement; however, the buyer is now considering alternative and more cost-effective manufacturing methods to achieve the required unit price. An immediate order of 1,000 components is required, with a target price of approximately £4 per item.