The United States holds strategic stockpiles of nearly 100 industrial minerals, metals, and other commodities. These stockpiles have influenced the world commodity markets in many ways. This work brings together in one place, documentary and statistical evidence about the size and nature of the U.S. strategic stockpiles, and the ways in which this influence has been evidenced, in markets for the important industrial metals.PATRICIA E. PERKINS is an Assistant Professor teaching environmental and ecological economics in the Faculty of Environmental Studies at York University in Ontario, Canada. Dr. Perkins has worked in Brazil and Mozambique, taught economics at several North American institutions, and has served as policy advisor for the Ontario Ministry of Environment and Energy.
Tables and Figures
Abbreviations and Acronyms
Preface
Introduction: Industrial Metals in the World Economy, the Strategic Stockpile, and Market Dominance
Stockpile History and Policy
The Stockpile's Institutional and Legal Framework
The Growth of the Stockpile
Stockpile Surpluses
Stockpile Policy and Market Effects
Political Influence, Foreign Policy, and the Stockpile
The Stockpile and Market Disruption
The Stockpile and Metal Markets: Case Studies
Aluminum/Bauxite
Chromium/Manganese
Copper
Lead/Zinc
Tin
Conclusion: The Stockpile's Market Influence
Appendix: Modelling Stockpile Effects in Metal Markets
Bibliography
Index