656 MINERALS YEARBOOK, 1985 
 
Table 4 —Stocks and consumption of new and old magnesium scrap
in the
United States 
(Short tons) 
 Consumption 
 Stocks, . Stocks, 
 Jan. 1 Receipts New Old Total D(IC 31 
 scrap . scrap 
 1,222 5,597 363 5,232 5,595 1,224 
 41 694 694 —— 694 41 
 1,263 6,291 1,057 5,232 6,289 1,265 
 
 
 
 
 
 
l984:r 
Castscrap 
Solid wrought scrap1 - __________________________________________ 
 Total - - 
 
1985: 
 Castscrap 1,224 5,078 15 5,104 5,119 1,183 
 Solid wrought scrap1 41 430 439 —— .439 32 
    Total 1265 5508 454 5104 5558 1215 
 
 
' Includ~ bormgs turmngs drosses etc 
 
 
PRICES 
 
At the beginning of the year the price for quoted at $126 to $1 30 per pound
at the primary magnesium ingot was quoted by beginning of 1985. Along with
price inDow and AMAX at $1.48 per pound and creases for primary ingot, Dow
increased its remained at that level until early Decem- price for diecasting
alloy from $1.30 to ber. At that time, Dow announced an in- $1.40, effective
December 9, and AMAX crease of. its price to $1.53 per pound, increased its
price from $1.26 to $1.29, effective December 9 for noncontract cus- effective
January 1, 1986.. Dow~ later antomers and as terms permit for contract nounced
a price reduction to $1.33 effective customers. AMAX also announced that
it January 20. At yearend, the prices quoted would increase its primary ingot
price to by the producers for diecasting alloy were match Dow's, effective
January 1, 1986. At $1.26 to $1.40. Both companies cited increasyearend,
the quoted price for primary mag- ed production costs as the reason . for
the nesium ingot was $1.48 to $1.53 per pound. price hikes. These were the
first price inDiecasting alloy producer prices were creases announced since
July 1984. 
 
 
FOREIGN TRADE 
 
Exports of magnesium declined 17% in sium. 
both quantity and value from those of 1984. Magnesium imports in 1985 decreased
Japan and the Netherlands continued to be slightly from those of 1984, both
in quantity the primary destinations, together account- and value. Canada
and Norway were the ing for 55% of U.S. exports. The United primary import
sources, together accountStates remained a net exporter of magne- ing for
54% of the total.