Salient Nickel Statistics

TABLE 1
SALIENT NICKEL STATISTICS¹

(Metric tons of contained nickel unless otherwise specified)

		2009		2010		2011		2012		2013
United States:
Secondary recovery from purchased scrap:
From ferrous scrap		72,100		73,300		77,400	^r	80,400		77,600
From nonferrous scrap		7,730		8,640		11,400	^r	12,100	^r	11,200
Shipments of purchased scrap²		152,000		139,000		132,000	^r	130,000	^r	124,000
Exports:
Primary		7,030		12,600		12,400		9,100		10,600
Secondary-		90,000		80,300		64,800		59,800		61,200
Imports for consumption:
Primary		99,900		129,000		138,000		133,000		126,000
Secondary-		17,700		23,800		21,300		22,300		26,300
Consumption:
Reported:
Primary		83,100		100,000	^r	110,000	^r	114,000	^r	114,000
Secondary, purchased scrap		79,800		81,900		88,800	^r	92,400	^r	88,800
Total		163,000		182,000	^r	199,000	^r	207,000	^r	203,000
Apparent, primary		93,800	^r	114,000	^r	125,000	^r	125,000	^r	110,000
Apparent primary plus reported secondary		174,000	^r	196,000	^r	213,000		218,000	^r	199,000
Stocks, yearend:
Producers and traders		5,490		6,240		6,610	^r	6,380	^r	9,730	^p
Consumer, primary		8,910	^r	10,700	^r	11,400	^r	10,100	^r	12,000
Consumer, secondary		5,520		6,150		6,640		6,550	^r	6,510
Total		19,900	^r	23,100	^r	24,700	^r	23,000	^r	28,300
Price, cash, London Metal Exchange:
Average annual	dollars per metric ton	14,649		21,804		22,890		17,533		15,018
Average annual	dollars per pound-	6.645		9.890		10.383		7.953		6.812
Price, Type 304 stainless steel scrap, gross weight:³
Average annual	dollars per metric ton	1,462		2,200		2,276		1,859	^r	1,574
Average annual	dollars per long ton	1,486		2,235		2,312		1,889	^r	1,599
World, mine production		1,410,000	^r	1,710,000	^r	2,320,000	^r	2,410,000	^r	2,660,000
^pPreliminary. ^rRevised.-
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.
³Derived from the monthly averages of the consumer buying price in Pittsburgh, PA, as published in American Metal Market (AMM).
The price represents Type 304 solids and clips containing 18% to 20% chromium and 8% to 12% nickel.