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| TABLE 1 | |||||||||||
| SALIENT TUNGSTEN STATISTICS1 | |||||||||||
| (Metric tons of tungsten content and dollars per metric ton unit) | |||||||||||
| 2003 | 2004 | 2005 | 2006 | 2007 | |||||||
| United States: | |||||||||||
| Concentrates: | |||||||||||
| Production | �-- | �-- | �-- | �-- | W | ||||||
| Consumption | W | W | W | W | W | ||||||
| Exports | 20 | 43 | 52 | 130 | 109 | ||||||
| Imports for consumption | 4,690 | 2,310 | 2,080 | 2,290 | 3,880 | ||||||
| Stocks, December 31: | |||||||||||
| Consumer | W | W | W | W | W | ||||||
| U.S. Government2 | 29,400 | 28,400 | 26,100 | 22,900 | 21,200 | ||||||
| Price: | |||||||||||
| U.S. spot quotation3 | 50 | 49 | 146 | 200 | 189 | ||||||
| European4 | 45 | 55 | 123 | 166 | 165 | ||||||
| Ammonium paratungstate: | |||||||||||
| Production | W | W | W | W | W | ||||||
| Consumption5 | 9,450 | 8,790 | 9,530 | 11,300 | 12,000 | ||||||
| Stocks, December 31, producer and consumer | W | W | W | W | W | ||||||
| Price: | |||||||||||
| U.S. free market6 | 69 | 92 | 237 | 293 | 284 | ||||||
| U.S. market3 | 72 | 91 | 240 | 273 | 262 | ||||||
| European free market6 | 62 | 84 | 223 | 261 | 248 | ||||||
| Primary products: | |||||||||||
| Net production7 | 9,420 | 7,400 | 7,810 | 8,050 | 8,360 | ||||||
| Consumption8 | 9,600 | 11,200 | 11,100 | 12,300 | r | 11,300 | |||||
| Stocks, December 31: | |||||||||||
| Producer9 | 793 | 787 | 800 | 827 | 825 | ||||||
| Consumer8 | 423 | 406 | 508 | 450 | r | 481 | |||||
| U.S. Government2 | 765 | 685 | 282 | 266 | 235 | ||||||
| World, production of concentrate | 47,200 | r | 66,600 | r | 59,600 | r | 56,600 | r | 54,500 | e | |
| eEstimated. rRevised. W Withheld to avoid disclosing company proprietary data.��� | |||||||||||
| 1Data are rounded to no more than three significant digits. | |||||||||||
| 2Defense National Stockpile Center. Data through 2006 include material committed for sale pending shipment; data for 2007 are uncommitted material only.�� | |||||||||||
| 3Annual average calculated from weekly prices reported by Platts Metals Week. | |||||||||||
| 4Annual average calculated from semiweekly prices reported by Metal Bulletin. | |||||||||||
| 5Reported by tungsten processors. | |||||||||||
| 6Annual average calculated from annual average high and low prices reported by Metal Bulletin for 2003-06 and from semiweekly prices reported by� | |||||||||||
| Metal Bulletin for 2007. | |||||||||||
| 7Includes only tungsten metal powder and tungsten carbide powder. | |||||||||||
| 8Includes ammonium paratungstate and other tungsten chemicals, ferrotungsten, tungsten metal powder, tungsten carbide powder, and tungsten scrap. | |||||||||||
| 9Data exclude cast and crystalline tungsten carbide powder and chemicals. | |||||||||||
Source: United States Geological Survey Mineral Resources Program