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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)


Page 1000

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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