TABLE 1 | |||||||||||
SALIENT TUNGSTEN STATISTICS1 | |||||||||||
(Metric tons, tungsten content and dollars per metric ton unit) | |||||||||||
2010 | 2011 | 2012 | 2013 | 2014 | |||||||
United States: | |||||||||||
Concentrates: | |||||||||||
Production | NA | NA | NA | NA | NA | ||||||
Consumption | 4,820 | W | W | W | W | ||||||
Exports | 276 | 169 | 203 | 1,060 | 1,230 | ||||||
Imports for consumption | 2,740 | 3,640 | 3,650 | 3,690 | 4,080 | ||||||
Stocks, December 31: | |||||||||||
Consumer | W | W | W | W | W | ||||||
U.S. Government2 | 17,000 | 15,800 | 14,000 | 11,900 | 11,600 | ||||||
Price: | |||||||||||
U.S. spot quotation3 | 183 | 248 | 358 | 358 | 348 | ||||||
European4, 5 | 150 | 150 | XX | XX | XX | ||||||
Ammonium paratungstate: | |||||||||||
Production | W | W | W | W | W | ||||||
Consumption6 | 10,300 | W | W | W | W | ||||||
Stocks, December 31, producer and consumer | 62 | W | W | W | W | ||||||
Price: | |||||||||||
U.S. free market4, 7 | 214 | 370 | XX | XX | XX | ||||||
U.S. market3 | 186 | 397 | 449 | 369 | 358 | ||||||
European free market8 | 244 | 431 | 386 | 372 | 357 | ||||||
Primary products: | |||||||||||
Net production9 | 8,340 | 7,790 | 6,360 | 6,150 | 6,310 | ||||||
Consumption10 | 11,000 | 12,300 | 11,400 | 10,700 | 11,600 | ||||||
Stocks, December 31: | |||||||||||
Producer9 | 678 | 682 | 653 | 769 | 674 | ||||||
Consumer10 | 567 | 558 | 706 | 646 | 676 | ||||||
U.S. Government2 | 171 | 125 | 125 | 125 | 125 | ||||||
World, production of concentrate | 68,400 | 73,900 | 76,500 | r | 83,300 | r | 86,800 | e | |||
eEstimated. rRevised. NA Not available. W Withheld to avoid disclosing company proprietary data. XX Not applicable. | |||||||||||
1Data are rounded to no more than three significant digits. | |||||||||||
2Data from Defense Logistics Agency Strategic Materials. | |||||||||||
3Annual average calculated from weekly prices reported by Platts Metals Week.- | |||||||||||
4Annual average calculated from semiweekly prices reported by Metal Bulletin. | |||||||||||
5Price discontinued October 26, 2012. | |||||||||||
6Reported by tungsten processors. | |||||||||||
7Price discontinued July 18, 2012. | |||||||||||
8Data for 2010-12 are annual averages calculated from semiweekly prices reported by Metal Bulletin. Data for 2013-14 are annual averages calculated- | |||||||||||
from monthly prices reported by Metal Bulletin. | |||||||||||
9Includes tungsten metal powder and tungsten carbide powder produced from metal powder; excludes cast and crystalline tungsten carbide powder and | |||||||||||
chemicals. | |||||||||||
10Includes ammonium paratungstate and other tungsten chemicals, ferrotungsten, tungsten metal powder, tungsten carbide powder, and tungsten scrap. |
Source: United States Geological Survey Mineral Resources Program
See also: Mineral commodity prices