By David Lea
An in-depth survey of the key commodities of the realm * Profiles every one commodity intimately * presents in-depth statistics on creation * contains a useful listing Contents: * Introductory essays * Covers all significant agricultural and mineral items together with aluminium, coal, cotton, nickel, petroleum, bananas, rice, rubber, tea, espresso, tobacco, wheat, ordinary fuel, soybeans, zinc, lead and phosphates * each one commodity is profiled intimately with details on actual visual appeal, background, makes use of, significant markets, developments trendy, significant importers and exporters * Statistical info of contemporary degrees of construction at a world and person state point * fresh tendencies in costs with indexes of export costs * A listing of organisations all in favour of commodities.
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With the added impetus of environmental concerns, considerable growth world-wide in the recycling of used beverage cans (UBC) was forecast for the 1990s. In the mid-1990s, according to aluminium industry estimates, the recycling rate of UBC amounted to at least 55% world-wide. Total world output of primary aluminium in 2000 was estimated at 24m. 2m. tons. The USA normally accounts for about one-third of total aluminium consumption (excluding communist and former communist countries). Although it is the world’s principal producing country (accounting for about 15% of global output of primary aluminium in 2000), the USA does not produce a surplus of ingots, and limits production to satisfy its domestic requirements for fabrication, while importing the remainder from low-cost producers elsewhere.
Features of the AoA The main provisions of the AoA concern market access, domestic support and export subsidies. The Agreement specifies the requirements that all member countries must fulfil and provides for special and differential treatment for developing-country members. Market access: This includes tariffication, tariff reduction and access opportunities. , are to be abolished and converted into an equivalent tariff—the so-called tariff bindings. Ordinary tariffs, including those resulting from the tariffication of the NTBs, are to be reduced by an average of 36% by developed countries over six years, and by 24% over 10 years by developing countries.
Tons per year. Completion of the project is scheduled for 2005. Despite the inadequacy of the electric power supply, India has the potential to become one of the world’s leading aluminium producers. In 2000 the country’s seven smelters (including five in the private sector) had a combined annual capacity of 825,000 tons, while output of aluminium ingots in that year was about 560,000 tons. As part of its expansion plans in the late 1990s, NALCO was increasing the capacity of its smelter at Angul, in Orissa, from 218,000 tons to 345,000 tons.