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The eBearing News
November 18, 2004
U.S. Defense Stockpile Seeks
Comment on Bearing Disposal
copyright © 2004 eBearing Inc.
The United States Department of Commerce periodically issues lists of overstocked, "strategic and critical
materials," scheduled for disposal via commercial resale.
Because the quantities involved are often large enough to disrupt commercial markets for these items,
Congress established a Market Impact Committee in 1993. The Committee is to, "advise the National
Defense Stockpile Manager on the projected domestic and foreign economic effects of all acquisitions
and disposals of materials from the stockpile."
The Annual Materials Plan (AMP) disposal lists for 2005 and 2006 include a wide variety of products,
primarily raw materials, as diverse as 6 million pounds of cobalt, 1 million pounds of mica, 7 million
pounds of thorium, 100,000 troy ounces of palladium, 25,000 troy ounces of platinum, 50,000 tons of
zinc, and many others.
Included in the AMP lists for 2005 and 2006 are:
Jewel Bearings -- quantity: 82,051,558
These bearings would potentially be disposed by June 30, 2006, subject to remaining inventory availability.
The 1993 legislation directs the Market Impact Committee to, "consult from time to time with representatives
of producers, processors and consumers of the types of materials stored in the stockpile."
The committee, therefore, is seeking your input:
The committee requests that interested parties provide written comments, supporting data and
documentation, and any other relevant information on the potential market impact of the sale of these
commodities. Although comments in response to this Notice must be received by December 17, 2004 to
ensure full consideration by the Committee, interested parties are encouraged to submit comments and supporting
information at any time thereafter to keep the Committee informed as to the market impact of the sale
of these commodities. Public comments are an important element of the Committee's market impact review process.
Public comments received will be made available at the Department of Commerce for public inspection and copying.
Anyone submitting business confidential information should clearly identify the business confidential portion of
the submission that can be placed in the public record. The Committee will seek to protect such information
to the extent permitted by law.
Copies of the public comments received are maintained in accordance with the Freedom Of Information
Act (FOIA) on the Bureau of Industry and Security web site:
http://www.bis.doc.gov/foia/default.htm
Written comments should be sent to:
William J. Denk, Co-chair
Stockpile Market Impact Committee
Office of Strategic Industries and Economic Security
Room 3876
Bureau of Industry and Security
U.S. Department of Commerce
14th Street and Constitution Avenue NW
Washington, DC 20230
fax: 202.482-5650
email: wdenk@bis.doc.gov
For further information, contact:
Eddy Aparicio
Office of Strategic Industries and Economic Security
Bureau of Industry and Security
U.S. Department of Commerce
14th Street and Constitution Avenue NW
Washington, DC 20230
phone: 202.482.8234
email: eaparici@bis.doc.gov
or
E James Steele, Co-chair
Stockpile Market Impact Committee
Office of Bilateral Trade Affairs
Bureau of Economic and Business Affairs
U.S. Department of State
fax: 202.647.8758
email: steelej2@state.gov
This notification brought to you by eBearing
in cooperation with the U.S. Department of Commerce.
The full notice is in the Federal Register at:
[FR Doc. 04-25492 Filed 11-16-04; 8:45 am]
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- by Bruce A. Carr
from individual research,
tips and commercial sources.
Unauthorized reproduction is prohibited.
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eBearing.com ... for everything that moves™
Entire contents Copyright 1999-2008, eBearing Inc. All rights reserved.
eBearing.com and "... for everything that moves" are registered
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eBearing.com ... for everything that moves™
Entire contents Copyright © 1999-2008, eBearing Inc. All rights reserved.
eBearing.com and "... for everything that moves" are registered trademarks of eBearing Inc.
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