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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)


Page 43

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. 


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