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Bolts, Nuts, and Large Screws of Iron Or Steel: Us

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Bolts, Nuts, and Large Screws of Iron Or Steel: Us BOLTS, NUTS, AND LARGE SCREWS OF IRON OR STEEL: U.S. PRODUCTION, SHIPMENTS, IMPORTS, EXPORTS, APPARENT CONSUMPTION, .··· EMPLOYMENT, MAN-HOURS, AND PRICES, Fl RST CALENDAR QUARTER .. 1980 Report to the President on Investigation No. 332-103 Under Section 332 of the Tariff Act of 1930 USITC PUBLICATION 1070 MAY 198Q United States International Trade Commission I Washington, D.C. 20436 . UNITED STATES INTERNATiONAL TRADE COMMISSION . COMMISSIONERS Catherine Bedell, Chairman Bill Alberger, Vice Chairman · George M. Moore Paula Stern Michael J. Calhoun Kenneth R. Mason, Secretary to the Commission This report was prepared principally by James M. Brandon, Brenda Harrison, and Wanda Tolson Minerals and Metals Division Off ice of Industries Norris A. Lynch, Director Address all communications to Office of the· Secretary _·U _ nit~d States International Trade Commission Washington, D.C. 20436 Summary Highlights of the Fifth Quarterly Survey of U.S . Produc ers of Bolts, Nuts, and Large Screws of Iron or Steel Production U.S. production of bolts, nuts, and large screws during the first quarter of 1980 totaled 283 million pounds, which was about 15 percent less than production during the first quarter of 1979, but 4 percent greater t han production during the fourth quarter of 1979. U.S. producers' shipments During the first quarter of 1980, U.S. producers' shipments amounted to 263 million pounds, which was 18 percent less than shipments in the first quarter of 1979 and about 5 percent larger than shipments during the fourth quarter of 1979. U.S. imports U.S. imports of bolts, nuts, and large screws totaled approximately 185 million pounds in the first quarter of 1980, which was about 9 percent less than imports in the first quarter of 1979 but 5 percent larger than imports in the fourth quarter of 1979. U.S. exports The quantity of bolts, nuts, and large screws exported during the first quarter of 1980 was 45 percent less than exports during the first quarter of 1979, and 29 percent less than exports during the fourth quarter of 1979. Apparent consumption Apparent consumption of bolts, nuts, and large screws during the first quarter of 1980 was 419 million pounds, which was 11 percent less than apparent con sumption in the first quarter of 1979 , but 9 percent greater t han the II quantities consumed during the fourth quarter of 1979. The ratio of imports to consumption increased from 43 percent during the first quarter of 1979 to 46 percent during the last quarter of 1979 before decreasing to 44 percent during the first quarter of 1980. Employment and man-hours The average number of production and related workers engaged in the production of bolts, nuts, and large screws decreased during each of the periods under discussion, from 13,759 workers during the 'first quarter of 1979 to 13,571 workers during the first quarter of 1980. The man-hours expended by these workers followed the same trend, decreasing from 8,338,000 during the first quarter of 1979 to 7,718,000 during the first quarter of 1980. Prices With the exception of prices received for cap screws and structural bolts, the average lowest net selling prices received by U.S. producers in the first quarter of 1980 were, on an average, about 9 percent greater than prices received during the first quarter of 1979 and were about the same as prices received during the fourth quarter of 1979. The prices received for cap screws fluctuated during the three quarters under discussion and were about 6 percent less during the first quarter of 1980 than prices received during the fourth quarter of 1979. Prices received for structural bolts declined during each of the three quarters. III C 0 N T E N T S 1. Bolts, nuts, and large screws of iron or steel: U.S. production, by types, by months, July 1978-March 1980------------------------------- 1 2. Bolts, nuts, and large screws of iron or steel: U.S. producers' shipments, imports for consumption, exports of domestic merchandise, and apparent consumption, 1976-78, and specified, periods July 1978- March 1980----------------------------------------------------------- 2 3. Bolts, nuts, and large screws of iron or steel: U.S. producers' shipments, by types, 1976-78, and specified periods, July 1978- March 1980----------------------------------------------------------- 4 4. Bolts, nuts, and large screws of iron or steel: U.S. imports for consumption, by types, 1976-78, and specified periods, July 1978- March 1980----------------------------------------------------------- 6 S. Average number of persons employed in U.S. establishments in which bolts, nuts, and large screws were produced, total and production and related workers engaged in the production of all products and of bolts, nuts, and large screws, 1976-78 and specified periods July 1978-March 1980------------------------------------------------- 8 6.- Man-hours expended by production and related workers in U.S. establishments in which bolts, nuts, and large screws were produced, 1976-78, and specified periods, July 1978-March 1980------- 9 7. Bolts, nuts, and large screws: Ranges and averages of lowest net selling prices received by U.S. producers on sales to distributors, by specified periods, January 1976-March 1980--------------------------- 10 8. Bolts, nuts, and large screws: Ranges and averages of lowest net selling prices received by U.S. producers on sales to distributors, by specified periods, January 1976-March 1980----------------------~---- 11 9. Bolts, nuts, and large screws: Ranges and averages of lowest net selling prices received by U.S. producers on sales to distributors, by specified periods, January 1976-March 1980------------------------ 12 "·., / .. .· .. .;.:·1" Page 1 Table 1.--Bolts, nuts, and large screws of iron or steel: U.S. production by types, by months, July 1978-March 1980 Period Bolts and Nuts Total . large screws ~~~--~~~~~--~~~~~~~~~ Quantity (1,000 pounds) 1978: July-------------------: 52,048 12,198 64,246 August-----------------: 75,474 21,264 96,738 September--------------: 78,718 17,898 96,616 Total--------------: 206,240 51,360 257,600 October----------------: 85,488 21, 315 106,803 November---------------: 78,473 21,349 99,822 December---------------: 79, 112 19,181 98,293 Total--------------: 243,073 61,845 304,918 1979: January----~-----------: 86,160 23,338 109,498 February---------------: 82,889 23,045 105,934 March------------------: · 92' 660 26,487 119,147 Total--------------: 261,709 72' 8}0 334,579 April------------------: 88,018 23,769 111, 787 May--------------------: 91,225 25' 791 117,016 June-------------------: 91,981 25,641 117,622 Total--------------: 271, 224 75,201 346,425 July-------------------: 70,932 18,530 89,462 August-----------------: 87,107 26,317 113, 424 September--------------: 79,457 22,152 101,609 Total--------------: 237,496 66,999 304,495 October----------------: 84,894 26,086 110, 980 November---------------: 71, 784 21,813 93,597 December---------------: 52' 110 15, 771 67,881 Total--------------: 208,788 63,670 272,458 1980: January----------------: 73,497 20,139 93,636 February---------------: 72 ,084 21, 022 93,106 March------------------: 73,185 23,363 96,548 Total--------------: 218' 766 64,524 283,290 ..... Source: Compiled from data submitted in response to questi onnaires of the U.S. International Trade Commission. Page 2 Table 2.--Bolts, nuts, and l arge screws of iron or steel: u: s. producers' shipments, imports for consumption, exports of domestic merchandise, and appare nt consumption, 1976-78, an~ specified periods, J uly 1978-March i980 Rati o (p~rcent) of Producers': Apparent i mports to-- Period ship- I mports 1/: Expor ts 2/: consump- Apparent ments . ti on :Shipments: consump­ tion Quantity (1,000 pounds) 1976-------------: 1,133,952 704,474 197,269 1,641,157 : 62 43 1977-------------: 1,175;563 716, 916 218,265 1,674, 214 61 43 1978-------------: 1,151,326 849 , 313 217,051 1,783,588 74 48 1978: July-----------: 67,335 77,074 15 , 255 129,154 115 60 August---------: 93,943 72, 349 21 , 301 · 144,991 7:7 50 September--~--:_· __9_4_,~2_3_7_ · ___ 6 ~5 ~,3_8_0_·___ 1_4~,5_2_8 __ -,-1_4_5~,_08_9:----- ~6 ~9 ____~4_5 Total--------: 255,515 21 4 ,803 51,084 419,234 84 51 October--------: 100,634 66,751 20,439 146,946 66 45 November-------: 92,699 67 ,107 17,723 142,083 72 47 December-------: · 83;616 · 53,181 15,413 121,384 64 44 Total--------:--2-7-6~,~9~4-9_ __1_87-'-,o-3_9 ____ 53_,_,5_7_5 ___ 4_1_0~,4-l-3---- ~68-. -.---~4-6 1979: January--------: 107,364 65,181 16,192 156,353 61 42 February-------: 99,152 68 , 174 17,566 149,760 69 46 March----------: ---'--115,276- - - 70,611 19,122 166,765 61 42 Tot al --- - - --- : 321,792 203,966 52,880 472,878 63 43 April----------: 103,489 68,070 24,769 146,790 66 46 May------------: 107,568 68,862 19,074 157,356 64 44 June-----------: 105,460 77,122 17,651 164,931 73 47 Total--------: ---316~,517--- 214,054 61,494 469,077 68 46 July-----------: 84,630 69 , 596 12 ,938 141,288 : 82 49 August---------: 97,699 68,857 15,781 150,775 70 46 September------: 91,688 60,225 14,828 137,085 66 44 Tot al - -- ---- - : ---~--274,017 --19--''--8, 678- 43,547 429 , 148 73 46 October--------: 99,680 55 ,543 15,844 139, 379 56 40 November-------: 83,240 59,165 15,426 126,979 71 47 December-------: 66,181 61,577 9,982 117,776 93 52 Total--------: --:-~-"--:-~----249,101 176,285-,-''---::~-·~--,--'-------~~-- 41, 252 384,134 --------71 -~46 1980: January--------: 90, 113 61,594 9,500 142,207 68 43 February-------: 84,916 62, 925 9,123 138' 718 74 45 ' March----------: 88,374 60 , 206 10,705 137,875 68 44 Total--------: 263,403 184, 72 5 29,328 418,800 70 44 See footnotes at end of table.
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