International Trade and Export Policies in the Ferrous Scrap Market: Report to the Chairman, Committee on Labor and Human Resources, United States Senate

U.S. General Accounting Office, 1980 - 40 páginas
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Página 3 - States or to fulfill its declared international obligations; and (C) to restrict the export of goods where necessary to protect the domestic economy from the excessive drain of scarce materials and to reduce the serious inflationary impact of foreign demand.
Página 4 - Act of 1970) when the volume of such exports in relation to domestic supply contributes, or may contribute, to an increase in domestic prices or a domestic shortage, and such price increase or shortage has, or may have, a serious adverse impact on the economy, any sector thereof, or any industry or substantial segment thereof.
Página 3 - Section 3(1) of the act states, on the one hand, that it is the policy of the United States "to minimize uncertainties in export control policy and to encourage trade with all countries with which the United States has diplomatic or trading relations...
Página 37 - The study employs the concept of "potential reserves" of obsolete scrap, defined as quantities which are recoverable with the use of existing technology and at high but realistic prices (that is, prices possibly several times higher than present levels) . Specifically, the definition of potential reserves implies that, at any given price above the present price, an additional amount of scrap will move into the hands of processors and, through them, to the iron and steel industry. A price-supply continuum...
Página 40 - Raw steel is defined as steel in the first solid state after melting suitable for further processing or sale, including ingots, steel for foundry castings and strand or pressure cast blooms, billets, slabs, or other product forms.
Página 36 - Robert R. Nathan Associates, Inc., Iron and Steel Scrap Its Accumulation and Availability as of December 31 , 1975, August 23, 1977, Metal Scrap Research and Education Foundation, Washington, DC...

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