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<classification authority="sudocs">GA 1.13:NSIAD-97-30</classification>
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 <subject>Military inventories</subject>
 <subject>Commodity sales</subject>
 <subject>Commodity marketing</subject>
 <subject>Surplus federal property</subject>
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 <title>National Defense Stockpile: Disposal of Excess Zinc</title>
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<abstract>Pursuant to a congressional request, GAO reviewed issues surrounding a
dispute between the American Zinc Association (AZA) and the federal
government about the Department of Defense&apos;s (DOD) sale of excess zinc
from the National Defense Stockpile, focusing on: (1) the government&apos;s
basis for its interpretation of the statutory phrase &quot;usual markets&quot; as
applied to the zinc sales program; and (2) DOD efforts to not unduly
disrupt the zinc market.&lt;p/&gt;GAO found that: (1) the statute that governs sales from the stockpile
does not define the usual markets for stockpile materials; (2)
accordingly, the Defense National Stockpile Center (DNSC) and the Market
Impact Committee have concluded that the usual market for stockpile zinc
sales is the total U.S. market for all grades of zinc, not just the
grades being sold from the stockpile; (3) DNSC published its policy on
timing of sales, amounts to be sold, and relation of sales prices to
market prices, provided plans to the appropriate congressional
committees for approval, sold less zinc than it was authorized to sell,
and gave increased emphasis to selling at prices close to commercial
market prices; and (4) DNSC plans to continue to closely monitor prices
when accepting bids to ensure that the market is not unduly disrupted.</abstract>
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 <topic>Military inventories</topic>
 <topic>Commodity sales</topic>
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 <topic>Surplus federal property</topic>
 <topic>Price regulation</topic>
 <topic>Metals</topic>
 <topic>Property disposal</topic>
 <topic>National Defense Stockpile</topic>
 <topic>DOD Zinc Sales Program</topic>
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 <titleInfo>
  <title>United States Code</title>
  <partNumber>Title 50 Section 98dnote</partNumber>
  <partNumber>Title 50 Section 98et seq.</partNumber>
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 <identifier type="USC citation">50 U.S.C. 98dnote</identifier>
 <identifier type="USC citation">50 U.S.C. 98et seq.</identifier>
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 <titleInfo>
  <title>United States Public Law 484 (102nd Congress)</title>
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 <identifier type="public law citation">Public Law 102-484</identifier>
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<relatedItem type="isReferencedBy">
 <titleInfo>
  <title>United States Public Law 208 (104th Congress)</title>
</titleInfo>
 <identifier type="public law citation">Public Law 104-208</identifier>
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