Oct. 2, 2013
CBSA: Red Metals Shipments Dip 3 Percent for Year
August service center shipments of red metal products were up from July, but down compared to the same month in 2012, according to the latest data from the Copper and Brass Servicenter Association, Overland Park, Kan. Total warehouse shipments of 23.6 million pounds were up 5.6 percent compared to July, but down 2.0 percent compared to last year.
Total copper shipments of 11.1 million pounds were up 3.0 percent compared to last year, but flat with August 2012. Alloy shipments of 12.1 million pounds were up 8.2 percent versus July, but down 3.7 percent compared to the same month last year.
Most major product segments improved compared to July, including other alloy sheet, up 31.3 percent; alloy pipe, up 22.8 percent; and copper plate, up 14.0 percent. Compared to August 2012, alloy sheet was up 30.4 percent, copper plate was up 3.9 percent and copper bar was up 4.3 percent. Most segments saw declines compared to the previous year.
For the year to date, total warehouse shipments were down 3.0 percent to 179.5 million pounds. Copper shipments were off 1.7 percent to 85.1 million pounds, while alloy shipments were down 4.1 percent to 94.3 million pounds.