Bureau of Mines / Minerals yearbook: Metals and minerals 1977
Year 1977, Volume 1 (1977)
Cammarota, V. Anthony, Jr.; Lucas, John M.
Zinc, pp. 993-1026 PDF (3.7 MB)
250— ZINI 1= 298 150 100 V ZINC CHLORIDE 50 -~ ' ' *. ~ ZINC SULFATE % — ' 4 —— ' 4 —' ~,-ZINC CHLORSE !1Ius.uput,uu.i,~.~E11ZINC OXIDES A I I I I I ~i I ~ I I I I I I I I I 1965 1910 1915 Figure 3.—..Trends in shipment of zinc pigments. STOCKS 1980 PRICES 1000 MINERALS YEARBOOK, 1977 Producer Stocks.—Stocks of slab zinc at producer plants at the beginning of the year were 96,950 tons, decreasing to 92,387 tons by yearend. Beginning with yearend 1977, producer stocks include stocks at plants, warehouses, and other locations, but continued to exclude stocks on consignment to consumers. The American Bureau of Metal Statistics Inc. (ABMS) reported that producer stocks at smelters dropped in the first Effective May 17, ASARCO lowered the price for Prime Western and High Grade zinc by 3 cents to 34 cents per pound, a move soon followed by the other producers. Special High Grade and Continuous Galvanizing Grade zinc were priced at 34.5 cents per pound. Producers cited the high rate of imports as the reason behind the price cuts. Foreign producers selling zinc in the United States matched the new U.S. list price. National Zinc Co. took the lead on Octo quarter, increased in the second quarter, but by yearend showed a reduction of 26%. Consumer Stocks..—Slab zinc inventories at consumer plants were 121,154 tons at the beginning of the year, but by yearend consumer stocks had dropped to 80,941 tons. In the first 6 months, consumer stocks declined to less than 90,000 tons, falling to the 1977 low of about 76,000 tons in November. ber 3 by lowering its price for Prime Western and High Grade zinc 2 cents to 32 cents per pound. Bunker Hill followed but cut the price to 31 cents per pound for all grades of zinc, thereby eliminating the normal promium pricing system. The remainder of the industry, however, reduced prices for Prime Western and High Grade zinc to 32 cents per pound, 32.25 cents for Controlled Lead, and 32.5 cents for Continuous Galvanizing Grade and Special High Grade zinc. Most producers reiterated their belief that in-
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