Document 6OpEjRBK5Y4LVYz4reGvzvm1

. wan / nifc >WHi > >, o 3 ; f t iiiiii|i#M.ni>iwu>i i LIA2A756 -/ LEAD INDUSTRIES ASSOCIATION, INC. Itt MADiaON AVKNUI NSW YORK IT, ft Y. March 2, 1962 SUBJECT: VEPRUT OB IZAP To Mesibers of the Lead Industrie* Association, Inc.: Enclosed la a reprint of the article on lead froa the annual revlev laeue of "Engineering and Mining Journal," February, 1962. Extra copies are available as long as our supply lasts. Very truly yours. RIZ:nk &>c. Executive Vice President loo* Ah**d wV> L**d  MWfR i* .'Ml m mm* LIA2 4759 Iyrintd ft+m Annual Survey And Outlook LEAD-1961 ? Kfcm L. thddi I mv u m** Vk fui*Jiei |r4 Mirm Amx u u m {'. S. L/W fti1 only iK,fi oj 19AQ, end at <*t 0<t eputt'J ttfmj dating ike )ntr. fn>- dmciton m |k> ('. J k4i A.yJ*<r, end i the pnte remained ttmuini ihtt+gk- (Nf mtrt / ifc* )<W. 1 0 C '**r<wM IMJ Mr4'.r MiN rWfc*H> C. |m, IM * 4*4 K, Xr* > fi Us N T W,^' l.ew ii.i i.i .'i ,*i. N 1748.01 . I 1 W |^,wi>ppp^fp!pppw>illl><pWWWWW.*MI *-- LIA24760 m*. k. LEAD-1961 i l L Z*qfkd AlTMCft'GH a rVtMMT OLANCt ll the more than 950.000 loos, but an addi fenprovr the statistical position of lead lead statistics lor 1961 would appear tional 2V<x*> tons entered for Gov- by international action. This inaction tomr*)u] disappointing. there ut ernment stivlpile as compared with had a depressing effect on the l.ordoa many feature* Out, on dv tumi* tome Vtmu tons m I960 Most of this market where the price of kad hit a ruUsci. -o*rU to a brighter outlook. difference was accounted foe by pig post war low. This in turn earned the Stock- n the harvh of producers re lead entries under barter agreement hew York price to drop `if Nor. main hgh U. S cofKump*Kn fell only between the U. S. and Canada and I from Hr. where it had been since slightly short ot I960. anJ oe u Australia. Dec. I V I960, to I0*kf. nod another upward trend during the year. The Stocks in the hands o( l\ S. ju<*- t,r on Nov IV 1961, to 10#. price remained constant throughout ducers rose arurthcr 50.000 torn dur 1 hereafter the I codon price and do most o( the srar. dropping a cent ia ing the year while consumers ti.vkt mestic buying boosted the price Ik# early November hut recovering 1 # increased by 15,uu um The latter on Nov. 21, to I0'f. later ia that Month. Production to the are still low and the former races- US was higher doc to the settlement sisely high On the other hand. Free (MMMipdoa in the U. S. as pcesi- of tong strikes that occurred in I960, World Dock* outside the V- S de ouxly stated, was of! about I0.CM) bet foreign production declined mod* clined so that total stocks in the Free hns at compared with I9*ai. and i craiefy. To be more specific, domestic con* sumption at more than I-million tom Worid including the l* S showed an increase of some 20.MJ0 tom. fMistr.es by primary refiners in amounted to approximately I 010-md- lm toos. bur showed no improving trend throughout the That - u off about 1^ from the I960 fig. ure of 1021-million hyiv However, consumption in l**tW) had declined the free Wor'd Outside the U. S. showed a nolot increase while the corresponding increase in the U. S most uses, with the exception of stor age batteries, kad anti knock com pounds. ammundioa, calking kad and consistent!* IhrougSotif that scar but was more substantial Accounting foe collaps.Ke tubes, shared about equally reserved this trend in the first quarter of |9M alter reaching a km in the last quarter of I960. The last three the I'. S increase probably was the increase in comumcf stocks and the reduction m secondary production. in the small decline indicates that busi ness conditiom father than any im portant substitution accounted for the quarters oS l**6l averaged substan reduced consumption u> most applica* tial!) higher than the first quarter with the highest fate of consumption estimated for the last quarter Octo ber consumption, the latest month foe which complete figures are available at the time of writing, w the highest in over two years. It is thus reason* able to assume that if the general bus iness level to 1962 is maintained or improves, lead consumption should be higher io the coming year. On the domestic supply s k J\ mine production, which hit a 60-)f low in t<W), recovered somewhat to about 2<v>,OOU tons largely as the result of strike settlements juvt before the sun ProdwedM of refiners outside the l' S. showed a small decline wtuch may reflect soluntary actae taken at n result of the meetings of the Internat*<rul t^ead Study Group sponsored bs the L N. and hckJ in March at Mexico (it). At that meeting, the need fiV tome curtailment of privJuctioo was recognized Australia and Canada agreed to such curtailment in exchange for a V. S. agreement to barter certain agricultural commodities for lOO.MiO ions of their excess stocks of lead Since it look some time to effect both the barter agree ments anJ curtailment, these actions Urns The increased consumption ia four of the five categories mentioned ahos* mas be significant. In the last few sears, ereclioo of plants t<> make anti knexk compounds in foreign countries has shifted aome td the earlier t' Y consumption abroad, and ik w plants pttdutmg high-octane products base reduced the need for kad compounds here. Thus the in crease in l! S consumption of lead in )9ft| to make anti knock com pounds may herald the end of thia trend and point to further increase* in the coming years. Another vigQ tiiat may be sign.fkant is the entry of i of the year. On the other hand, sec* were not apparent in cither the pro thud l V pfisduccr, the llousUm oodary lead production was off by like amount at 45U.OOO tons, so that duction figures or deliveries until late C'hcmKal Co, into the kad anti In the year and should he more notice knock buviness to join the older pro these lo sources made available the same amount of lead as id I960. able ia 1962. A further meeting of (his group ducers, I thy I and Du Pont The increase in consumption for Import* for consumption, of course, was held in Genes* in (Xii*ber but ammunition may reflect the intense were controlled by quotas at a little no additional measures were taken to efforts of the sporting arms and am- i____ ^ HI IHWMWI.IWVW UI waww p*MMnN9 LIA24761 <s 111' ' -- Ml ' ! > Miu i i l l i l l w i I'HIIIII IH M M I I I H n u n .la-Minwi o U.S. Le.d Supply 4nd Demna U.S. L..d U* (Vr1 torn d Ir id coilflrt) (short tuna of lead iswitent) Kuppljrl M>1* IVidiMititfl fVruodaiy |irvduriiiMi |900# Jtn.Tnn U>,idl Quirt* imptfli Off, nouftilir . . i vi mo tV* and Un ... . jne.non Other Imports (nu>nly fur storkP*W): Ore. vcnmilh... r*s and bar*........ ,:oo mr H0.M0 450,000 IJO.OOO 121,00# lf.000 19,000 Total.............. .lAM.mo |0fg,000 Change* in storks at primary woHlcrt i4 reftoine* .,. Jj.flin 50.000 (lrt) (User.) ToiJ (spare*................... l.ni>o I.Oia.OM JJUJ *.000 Estimated |M0* IMI* White lend.................. It.sno Red lead and 1nV*r*. 74.9UO Ikuri|f baMrrirs tt 1.200 Calde... u too Bu<td>f.. 4I.7UO Trt'Wethstlead . tU.MK) Aitmtiiiiiue . fS.VlO Fed............................. 1.700 Bearing mrtak. . . 20,700 Adder.................... 60.000 Type metal.............. 20.200 Calk V Wad.............. 6Mi)0 Bun and U<mm .... 20..5UJ Cawing*... l.fXM Ccdlapmblr u*fan . . 0.700 UC,Mt.................. 40.5O0 11.20# 72,000 2)4.000 ox,### U.000 IM.000 04.000 2,000 17,000 50.000 2a.Mi 70,M0 14^00 ft,7M II.0M 44.000 1 o:uoo i .010,000 aMi l fan. * u m Qu*rf<fy U.S. ld U* (shct turn) Th j I ivi.UUr. \ rt.'i.vn 1,020,000 Drissand: Irnl j-irn! maoiap U . I.Mmutcsl iiirkjdr diipmmii f*nmuflwT and we* oo>Urv smrhrv 'll 1,010,000 9.700 20,0*0 2*. .'00 15.000 (ikf 1 (User.) 27.**) -22,000 I960 1st quarter........... 2nd quarter. . . X'rVO .. 2V).ui led quarter.......... ... ilk quarter.......... 24S.M0 mt 204.XO0 252.0M 25I.0M 2SS.M0 (mt.) t.021^00 t.OtO.OM Let Pric, Ov 4mj ,, (er-* (w* h*. N V > Total. . 1 n;s uo 1.020.000 IwV Awm* + * >uT*. M Ur*W l A krfM 4 MW Md U4 Ilfcmw M Ml* iln 0* 1). 19U) . x*T. f. mt Nw. u, mi Nw. 20, mi tl OQ 10 50 I0M 10.25 munition manufacturers to increase iV populjfitv <d ipOfta shooting. TV calling Wad increase probably i* in sympathy with ihc high Jcvd of budding arvj unsatisfactory malts uh substitute*, which Vvc shout disappeared from iV picture. TV resurgence of Wad collapsible lubes to particularly interesting u tt apparently results from iV fluordi/a* Ih mi of tooth pair. TV roosi recent popular tooth pastes must V pack aged in lead alloy tube* because they chemically attack aluminum. This trend should continue and he felt even more in l%2, TV mlrrot ii Wad inJ id coni* pounds for none and vibratkwi control bas been nothing short of astonishing At Wad two manufacturer*, of remova Mr partitions introduced !**-* buJed vinyl* int their products during the year. Nearly a dorrtl gaspretiur* re* duciog tUtioni were sound proofed with this material. At Wad a dozen important bank and office building*, a department store and a large motet in locations from U Paso to New York and Montreal were erected on Wad ashestm anti sibratuM padt dur ing tV pad year, ard smaller but similar pad* were installed under at Wad three roof-top sir conditioning lowerv Althiwigh accurate statist*! arc rw* *sij]jM<fit it conservatively estimated that over I0UO tom of Wad were uvd m 1961 fie noise and vi bration control, and fudging by the interest shon by architects anj engi neer*. Usece application* should in crease several (old in tV (kU few year*. AnotVr area for optimum to In thermoelectric and pK/vlevtr*c apflicatKvn where Wad lel'.unde and Wad rirconate-titanate art establish ing themselves as superior perform er* Stitl small, probably around 500 tons, new application* should also multiply Wad** use in those product* several time* in tV nest few yean. One troublesome factor in Wad consumption is tV import of manu factured Wad products. Because pig Wad imports are controfWd by quotas but manufacture* such as litharge, solder and pipe are not, imports of those products have increased sub stantially in the last two or three year*. For etampie. statistic* on the consumption of Wad by the U. S. ceramic Industrie* show relatively constant consumption of about II,000 to M.000 tons in recent yean. These figure*, however, present badly distorted picture. Several of the largest U. S. ceramic frit manufac turers are now buying ad their Wad oxide* from Mrticaa instead of V. S. Wad manufacturers since the Mesxaft imports can come in ex-quota. avoid tV Mexican export tax on pig lend, and rnp>y n lower pig Wnd price. In addition, imports of ftatshed ceramic products from Japan and Europe have hurt domestic manufacturer* who (hut buy levs Wad to the U. 1 AQ in ad. this one industry would probably be tmng aosne 10.000 In IS.* me) ton* more Wad in tV U. S. wrf it rwq f.w the foregoing reason*. The same applies to a number of other industne*. A word about Wad** largest coo* turner, storage batteriev appear* in order. Shipment* of automotive re placement battehe* ua 1961 were close to tV 19J9 rtcorJ and. when Anal figures are available, may even base established a new record. How ever. new<ar pr shxtxm was off so that total battery shipment* in i960 and 1961 were about equal and took slightly fTvwe lead In the Utter year. It thus seems that tV trend to lighter batteries which has been apparent in recent >ear* may be slowing down. This, together with an aat<ipated higher new-car production rate for 1962, may indicate acme improve ment in Wad consumption for bat teries in tV neat 12 month*. TV octt year. then, can be ip preached with at Wait some degree of reserved optimism. Consumption shiMild Incretw moderately, world production may show a small de crease. and. as a comespience, vjme rrduc'tHur id producer** stocks can be expected. In addition, ha/tef pur chase* fur tV fWrvtmAirot stockpile should have vvne further effect. TV Wad industry itself to further increasing k effort* to bolster Wad consumption. TV l ead Industrie* Aasoclatim, Inc , will put on the large* advertising. promofeonaJ and technical service drive la ks history and. through its espanded research pro gram, supported by Wad producer! throughout the Free World, the larg est technical research program to date. Association* of Wad producer* la Furope and Great Britain are also intensifying thetr program*. END PIM.M4 MKIl ; rr ' MSJW" ,11.11,11 11.11,if" 1WB WWW - w m