Bureau of Mines / Minerals yearbook: Metals, minerals, and fuels 1972
Year 1972, Volume 1 (1972)
Magnesium, pp. 735-745 ff. PDF (829.8 KB)
740 MINERALS YEARBOOK, 1972 Table 4.—Stocks and consumption of new and old magnesium scrap in the United States in 1972 (Short tons) Item Stocks Jan. 1' Receipts Consumption Stocks Dec. 31 New Old Total scrap scrap Cast scrap Solid wrought scrap ' 153 736 1,899 4,969 644 4,588 1,197 - - 1,841 4,588 211 1,117 Total 889 6,868 5,232 1,197 6,429 1,328 Revised. ' Includes borings, turnings, drosses, etc. FOREIGN TRADE As in prior years, the United States continued to be a net exporter of magnesium metal in 1972. However, U.S. exports of magnesium metal in all forms, declined from 24,311 short tons, valued at $15.7 million in 1~7l, to 17,556 tons, valued at $11.7 million in 1972. For the past decade, West Germany was the largest single export destination for U.S. metal. However, in 1972 U.S. exports to West Germany declined sharply, totaling only 859 tons. Imports by Brazil, Canada, and Japan accounted for 31, 20, and 7%, respectively, of the total U.S. magnesium metal exported. Shipments to France, Italy, Mexico, Switzerland, the United Kingdom, and West Germany collectively totaled 4,157 tons or 24% of total exports. The remaining 3,113 tons were exported to some 20 countries. Total U.S. imports for consumption of magnesium were 4,479 short tons, valued at $2.6 million in 1972, compared to 3,671 tons, valued at $2.3 million in 1971. Canada, the largest of U.S. sources in 1972, contributed 1,618 tons of the total metal imported. Receipts from West Germany and the Netherlands were, respectively, 1,101 and 513 tons. The remainder of U.S. imports, 1,247 tons, was contributed by 15 other nations. The duty on unwrought magnesium, other than alloys was 20% ad valorem, and on unwrought magnesium alloy (magnesium content) was 8 cents per pound plus 4% ad valorem. The duty on wrought magnesium metal was 6.5 cents per pound plus 3.5% ad valorem.
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