Download World Metal Markets: The United States Strategic Stockpile by Patricia Perkins PDF

By Patricia Perkins

The U.S. holds strategic stockpiles of approximately a hundred business minerals, metals, and different commodities. those stockpiles have stimulated the realm commodity markets in lots of methods. This paintings brings jointly in a single position, documentary and statistical facts concerning the dimension and nature of the U.S. strategic stockpiles, and the ways that this effect has been evidenced, in markets for the real commercial metals.

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8 By the early 1950s, it appeared that the Pentagon had basically lost out in this struggle, although the public view of the stockpile as primarily a military endeavor persisted. In the late 1980s, the Reagan administration again transferred control over the stockpile to the Defense Department, indicating a renewed desire to assert the military nature of the stockpile. DOMESTIC OR FOREIGN POLICY? Besides the Defense Production Act, another piece of legislation enacted in the 1950s significantly affected the stockpiling program.

The Reagan administration announced its intention to purchase aluminum and cobalt for the stockpile in 1981, as part of a new emphasis on strategic materials and military preparedness. 11 The stockpile was the major issue addressed in the 1982 National Materials and Minerals Program Plan and Report to Congress, prepared by a Cabinet committee. In addition to calling for a comprehensive review of stockpile requirements, the Program Plan provided more guidance to the GSA than prior stockpile policy statements regarding how the stockpile was to be managed.

S. Congress, Senate, Committee on Armed Services, Subcommittee on National Stockpile and Naval Petroleum Reserves. Hearing: Disposals from National and Supplemental Stockpiles. 91st Congress, 2nd session, February 27, 1970, 3. S. Congress, Senate, Committee on Armed Services, Subcommittee on National Stockpile and Naval Petroleum Reserves. Hearing: Disposals from National and Supplemental Stockpiles. 92nd Congress, 1 st session, April 7, 1971, 43. 20. S. Department of Defense, 1992 Report to the Congress on National Defense Stockpile Requirements, February 1992, 1-7.

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