Bureau of Mines / Minerals yearbook: Metals and minerals 1978-79
Year 1978-79, Volume 1 (1978-1979)
Kurtz, Horace F.; Moore, Christine M.
Aluminum, pp. 43-61 ff. PDF (1.8 MB)
TRevised. ' To domestic industry. 43Aluminum By Horace F. Kurtz' and Christine M. Moore2 Primary aluminum production in the United States established a record high level of over 5 million short tons in 1979. An increasing trend in annual production from the low level of the 1970's, set in 1975, continued through 1978 and 1979, despite plant shutdowns resulting from electric power shortages. Annual demand, as measured by net shipments of aluminum ingot and mill products to domestic industry, was 6.8 million tons in 1978 and in 1979, near the 6.9-million-ton record level of 1973. Net imports of aluminum, including scrap, fell from 560,000 tons in 1978 to 67,000 tons in 1979 as total exports rose to a record high level. World production of aluminum increased steadily from 15 million tons in 1977 to nearly 16 million tons in 1979. Notable changes during the 2-year period, in addition to the recovery of U.S. production, included significant production from new facilities in Venezuela and the shutting down of capacity in Japan. Announcements of plans for new production capacity indicated that major expansion will occur in Australia in the first half of the 1980's. Table 1.—Salient aluminum statistics (Thousand shorttons and thousand dollars) 1975 1976 1977 1978 1979 United States: Primaryproduction Value Price: Ingot, average cents per pound Secondaryrecovery Exports (crude and semicrude) Imports for consumption (crude and semicrude) — Aluminum industry shipments' Consumption, apparent World:Production 3,879 $2,976,427 39.8 980 440 550 4,555 3,907 13,387 4,251 $3,785,397 44.6 1,155 484 749 5,956 r5,083 r13,787 4,539 $4,683,949 51.6 1,271 411 836 rG,119 r5,492 r1'5,093 4,804 $5,191,064 54.6 1,323 520 1,080 6,830 6,045 15,510 5,023 $6,130,302 59.4 1,401 773 840 6,805 5,895 15,979 Legislation and Government Pro. grams.—The Tokyo Round of trade negotiations was completed in 1979, resulting in new tariff agreements among the developed nations of the world. The agreements, which affected aluminum tariffs, placed most nations in a "most-favored-nation" status and provided for declining rates to be phased in, or staged, over an 8-year period. The initial rates, beginning January 1, 1980, included the following: Unwrought aluminum (in coils), 3.1% ad valorem; unwrought aluminum (other than aluminum silicon alloys), 0.8 cent per pound; wrought aluminum (bars, plates, sheets, strip), 3% ad valorem. Government stockpiles of aluminum remained at less than 2,000 tons throughout 1978 and 1979.
http://rightsstatements.org/vocab/NoC-US/1.0/| As a work of the United States government, this material is in the public domain.| For information on re-use see: http://digital.library.wisc.edu/1711.dl/Copyright