HISTORICAL REVIEW PROGRAM
Information for Dr- Thunberg
According to reliable information the USSR is attemptingfive thoucand tons of titanium sponge annually for theyearsUS titanium sponge pro-
ducer. The Sovleta are negotiating through Associated MetalsMinerals Coapanyheir exclusive USattracted by the low delivered priceboutas its cost to produce sponge, and is consideringplans to Install additional sponge making facilitiesOhio plant. awaiting the outcome of the current
"dumping" investigation beforeinal decision on whether to buy Soviet spongc-or expand its own plant.
The attached table shows US production, consumption and imports of titanium sponge, and Soviet sponge production. The estimate of
Ia tho course of the general reform of prices in the USSR or. he price of titcaiuu sponge was loweredubles/mn-tric tonublco/netric ton-* The international iwirkot price in? was est lasted, by the USSR too/mctriclb). This price corresponds exactly with the US producers' price in effect at that time, but is somewhat above the price et which Japanese nnd UK producers wcro delivering in this country. An exchange rateer ruble has been formally declared by the USSR. on this basis, the current (post price reform) domestic Soviet price for titanium sponge wouldl/netricb) or vomevhat higher than the US producers' price of last June-
ons of Soviet titanium sponge entered the US fron the beginning of such trade in5 until tho end of During the seme period, tho US0 metric tone
frometric tons from the UK,O metric toneand the Netherlands together. The delivered price in tho USfrom Japan ond tha UIC has been in the rangeoseveral years, Soviet sponge has been costing about
* 'fftio infomation on Soviet prices Is token free. Tsvetnyye Metolly (KonforrouoOriginal document.