Table 2.--Lead supply-demand relationships (Thousand metric tons unless otherwise specified) --------------------------------------------------------------------------------------------------------------- 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 --------------------------------------------------------------------------------------------------------------- COMPONENTS AND DISTRIBUTION OF U.S. SUPPLY ---------------------------------------------------------------------- Components of U.S. supply: Refinery production (domestic ore) ---- 226 275 283 299 243 334 481 489 534 531 Refinery production (foreign ore) ----- 141 141 103 111 110 107 113 126 70 94 Refinery production (old scrap) ------- 424 426 450 440 433 428 468 459 444 452 Imports--metal, excluding scrap ------- 202 193 202 260 331 307 253 222 175 223 Industry stocks, Jan. 1, pigs and bars 214 160 137 122 102 117 85 138 210 161 Government stockpile releases --------- 4 36 49 58 25 26 20 11 9 41 ---------------------------------------------------------------------- Total U.S. supply ------------------ 1,211 1,231 1,224 1,290 1,244 1,319 1,420 1,445 1,442 1,502 Distribution of U.S. supply: Industry stocks, Dec. 31, pigs and bars --------------------------------- 160 137 122 102 117 85 138 210 161 166 Exports--metal, excluding scrap ------- 1 9 7 5 6 8 4 7 5 8 Industrial demand --------------------- 1,050 1,085 1,095 1,183 1,121 1,226 1,278 1,228 1,276 1,328 ---------------------------------------------------------------------- U.S. DEMAND PATTERN ---------------------------------------------------------------------- Ammunition ------------------------------ 45 51 52 71 71 75 72 66 79 77 Construction ---------------------------- 130 131 122 118 108 112 105 90 90 80 Electrical ------------------------------ 78 80 84 93 88 85 84 80 117 116 Gasoline additives ---------------------- 175 203 204 225 225 238 246 253 240 253 Oxides and chemicals -------------------- 90 94 99 109 94 100 93 90 74 82 Transportation -------------------------- 440 430 430 460 440 520 580 560 590 630 Other ----------------------------------- 92 96 104 107 95 96 98 89 86 90 ---------------------------------------------------------------------- Total U.S. demand ------------------ 1,050 1,085 1,095 1,183 1,121 1,226 1,278 1,228 1,276 1,328 Total U.S. primary demand (industrial demand less old scrap)------ 626 659 645 743 688 798 810 769 832 876 ---------------------------------------------------------------------- PRICES ---------------------------------------------------------------------- Average annual, based on constant 1987 dollars (cents per pound) -------------- 40.40 48.60 55.70 50.90 45.90 41.30 44.10 44.00 36.80 38.00 ---------------------------------------------------------------------- 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 ---------------------------------------------------------------------- COMPONENTS AND DISTRIBUTION OF U.S. SUPPLY Components of U.S. supply: ---------------------------------------------------------------------- Refinery production (domestic ore) ---- 527 535 483 520 490 504 532 509 443 465 Refinery production (foreign ore) ----- 97 85 96 76 62 64 46 39 55 52 Refinery production (old scrap) ------- 489 545 512 564 637 650 673 581 578 521 Imports--metal, excluding scrap ------- 162 107 90 129 231 227 183 82 100 95 Industry stocks, Jan. 1, pigs and bars 166 136 185 195 157 135 143 199 181 203 Government stockpile releases --------- 191 241 6 -- -- -- -- -- -- -- ---------------------------------------------------------------------- Total U.S. supply ------------------ 1,632 1,649 1,372 1,484 1,577 1,580 1,577 1,410 1,357 1,336 Distribution of U.S. supply: Industry stocks, Dec. 31, pigs and bars --------------------------------- 136 185 195 157 135 143 199 181 203 171 Exports--Metal, excluding scrap ------- 60 56 19 5 9 8 11 164 23 56 Industrial demand --------------------- 1,436 1,408 1,158 1,322 1,433 1,429 1,367 1,065 1,131 1,109 ----------------------------------------- See footnote at end of table. Table 2.--Lead supply-demand relationships--Continued (Thousand metric tons unless otherwise specified) --------------------------------------------------------------------------------------------------------------- 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 --------------------------------------------------------------------------------------------------------------- U.S. DEMAND PATTERN ---------------------------------------------------------------------- Ammunition ------------------------------ 74 79 68 67 62 56 53 49 49 44 Construction ---------------------------- 79 69 63 65 75 60 50 37 37 40 Electrical ------------------------------ 122 120 70 75 90 88 86 70 74 75 Gasoline additives ---------------------- 249 227 189 218 211 178 187 128 111 119 Oxides and chemicals -------------------- 100 106 72 96 91 92 91 78 80 61 Transportation -------------------------- 720 715 625 705 795 855 815 640 720 720 Other ----------------------------------- 92 92 71 96 109 100 85 63 60 50 ---------------------------------------------------------------------- Total U.S. demand ------------------ 1,436 1,408 1,158 1,322 1,433 1,429 1,367 1,065 1,131 1,109 Total U.S. primary demand (industrial demand less old scrap)------ 947 863 646 758 796 779 694 484 553 588 ---------------------------------------------------------------------- PRICES ---------------------------------------------------------------------- Average annual, based on constant 1987 dollars (cents per pound) -------------- 38.80 49.10 42.60 43.20 53.70 54.90 78.90 58.20 45.60 30.10 ---------------------------------------------------------------------- 1983 1984 1985 1986 1987 1988 1989 1990 -------------------------------------------------------- COMPONENTS AND DISTRIBUTION OF U.S. SUPPLY -------------------------------------------------------- Components of U.S. supply: Refinery production (domestic ore) ---- 464 324 423 348 336 371 379 386 Refinery production (foreign ore) ----- 55 65 71 22 37 21 17 18 Refinery production (old scrap) ------- 452 586 570 575 658 691 842 874 Imports--metal, excluding scrap ------- 177 163 133 142 188 152 122 97 Industry stocks, Jan. 1, pigs and bars 171 154 142 178 104 110 105 98 Government stockpile releases --------- -- -- -- -- -- -- -- -- -------------------------------------------------------- Total U.S. supply ------------------ 1,319 1,292 1,339 1,265 1,323 1,345 1,465 1,473 Distribution of U.S. supply: Industry stocks, Dec. 31, pigs and bars --------------------------------- 154 142 178 104 110 105 98 112 Exports--metal, excluding scrap-------- 20 7 27 13 10 14 34 64 Industrial demand --------------------- 1,145 1,143 1,134 1,148 1,203 1,226 1,333 1,297 -------------------------------------------------------- U.S. DEMAND PATTERN -------------------------------------------------------- Ammunition ------------------------------ 44 48 50 44 47 53 57 58 Construction ---------------------------- 44 43 39 34 31 32 31 34 Electrical ------------------------------ 80 93 120 143 138 132 149 143 Gasoline additives1/ -------------------- 89 79 46 29 27 24 24 21 Oxides and chemicals -------------------- 69 77 73 70 68 63 58 57 Transportation -------------------------- 770 755 760 785 850 875 980 950 Other ----------------------------------- 49 48 46 43 42 47 34 34 -------------------------------------------------------- Total U.S. demand ------------------ 1,145 1,143 1,134 1,148 1,203 1,226 1,333 1,297 Total U.S. primary demand (industrial demand less old scrap)------ 693 557 564 573 545 535 491 423 -------------------------------------------------------- PRICES -------------------------------------------------------- Average annual, based on constant 1987 dollars,(cents per pound) -------------- 24.50 27.90 20.20 22.80 35.90 35.90 37.80 44.00 --------------------------------------------------------------------------------------------------------------- 1/1987-91 U.S. Department of Commerce estimates (domestic production ceased June 1991).