Dec. 11, 2013

Copper Shipments Increase in October

Copper shipments grew in October compared to September and the same month last year, according to the latest data from the Copper and Brass Service Center Association, Overland Park, Kan. Alloy shipments also were up over the previous month, but down compared to the same month last year.

Total copper shipments of 10.8 million pounds improved 9.3 percent compared to the previous month and 10.7 percent compared to October 2012. Alloy shipments of 10.9 million pounds were up 12.1 percent compared to September, but down 5.3 percent compared to the same month last year.

Total warehouse shipments gained 10.7 percent compared to September and 2.0 percent compared to 2012.

For the year to date, total copper shipments narrowed the gap compared to 2012, down only 0.8 percent to 106.2 million pounds. Total alloy shipments were still off 4.3 percent to 115.5 million pounds, while total warehouse shipments were off 1.9 percent to 221.8 million pounds.

Among product categories, copper sheet shipments were up 3.3 percent for the year to 44.4 million pounds, copper pipe was up 4.2 percent to 3.4 million pounds, and other alloy sheet was up 6.7 percent to 10.7 million pounds. Copper plate dropped 6.4 percent to 4.9 million pounds and 200 series brass sheet fell 5.3 percent to 38.7 million pounds through the first 10 months, CBSA reports.


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