RI 3329 Mineral Economic Series I. Consumption of Ferrous Scrap and Pig Iron in the United States in 1935

"In presenting the results of this survey on consumption of ferrous scrap and pig iron for the year 1935 the Bureau of Mines, responding to requests from industry, seeks to fill a major gap that has long existed in the field of metalliferous raw-material statistics. This type of information is designed to meet the needs of: (1) Consumers of ferrous scrap. including operators of blast furnaces, steel mills, ferrous foundries, and rolling mills; (2) marketers of scrap iron and steel, including large brokers who sell, and dealers who collect, prepare, and sell the material; (3) large scrap producers; (4) producers of iron ore, with which scrap competes indirectly; and (5) other individuals and agencies interested in more general economic analysis, since the scrap market has repeatedly been cited as one of the most sensitive of all industrial barometers, If the survey prover as useful as now seems probable, it will be continued annually with possibly an enlarged scope of treatment.The Bureau appreciates that its first efforts in this field may not meet all expectations: but it hopes to develop gradually, through suggestions, advice, and criticism from the industrial groups most interested, a type of analysis that will accord closely with technical processes and best meet the needs of all groups vitally interested in supplies and use of ferrous scrap. Constructive criticism and suggestions from industry regarding improvements to be desired in the conduct of future surveys on this subject will therefore be warmly received by the Bureau."