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Salient Nickel Statistics

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TABLE 1
SALIENT NICKEL STATISTICS1
(Metric tons of contained nickel unless otherwise specified)
 
      2001   2002   2003   2004   2005  
United States:  
Mine production   -- -- -- -- --
Plant production   -- -- -- -- --
Secondary recovery from purchased scrap:  
From ferrous scrap   69,300 74,900 74,000 73,500 68,900
From nonferrous scrap   11,900 9,060 9,510 9,790 8,380
Shipments of purchased scrap2   121,000 114,000 119,000 113,000 117,000
Exports:  
Primary   8,450 6,520 6,330 8,000 7,630
Secondary   48,600 39,400 47,300 48,300 55,600
Imports for consumption:  
Ore   -- -- -- -- --
Primary   136,000 121,000 125,000 136,000 143,000
Secondary   8,760 9,110 11,500 18,800 15,500  
Consumption:                  
Reported:  
Primary   98,800 88,200 87,300 r 98,900 r 96,800
Secondary, purchased scrap3   81,200   83,900   83,500   83,300   77,300  
Total   180,000 172,000 171,000 182,000 174,000  
Apparent:                  
Primary   129,000 121,000 117,000 128,000 136,000
Secondary, purchased scrap4   41,800   54,600   48,400   54,900   37,600  
Total   171,000   175,000   165,000   183,000 r 174,000  
Apparent primary plus reported secondary   210,000 205,000 200,000 212,000   213,000  
Stocks, yearend:                
Government   -- -- -- -- --
Producers and traders   12,600 6,150 8,040 6,580 4,960
Consumer, primary   4,500 4,520 4,800 5,750 r 6,640
Consumer, secondary   7,980   7,040   6,270   5,210   4,860  
Total   25,100 17,700 19,100 17,500 r 16,500
Employment, yearend:  
Mine   -- -- -- -- --
Smelter   -- -- -- -- --
Port facility   -- -- -- -- --
Price, cash, London Metal Exchange:  
Average annual dollars per metric ton 5,945 6,772 9,629 13,823 14,738
Average annual dollars per pound 2.696 3.072 4.368 6.270 6.685
Price, 18/8 stainless steel scrap, gross weight:5  
Average annual   dollars per metric ton 623 692 927 1,450 1,450
Average annual dollars per long ton 633 703 942 1,470 1,470
World, mine production   ####### r #######   ####### r ####### r ####### e
eEstimated. rRevised. -- Zero.
1Data are rounded to no more than three significant digits; except prices; may not add to totals shown.
2Defined as scrap receipts less shipments by consumers plus exports minus imports plus adjustments for consumer stock changes.
3More clearly delineates the amount consumed than does apparent consumption.
4Internal evaluation indicates that apparent secondary consumption is considerably understated.
5Derived from the average of the Friday consumer buying price range for 18% chromium�8% nickel scrap in bundles, solids, and clips,
Pittsburgh, PA, in American Metal Market.

Source: United States Geological Survey Mineral Resources Program


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