March 19, 2014
Brass Mill Imports Increase, Exports Decline in January
U.S. imports of brass mill products climbed in January, while exports declined significantly, compared to the same month in 2013, reports the Copper and Brass Fabricators Council in Washington. Imports rose 10.7 percent to 39.7 million pounds, while exports declined 14.2 percent to 21.7 million pounds.
Mexico was the leading destination for U.S. exports at 7.5 million pounds, followed by Canada at 6.4 million pounds, China at 624,755 pounds, South Korea at 553,815 pounds and Saudi Arabia at 441,928 pounds.
Imports from Germany totaled 6.6 million pounds, followed by South Korea at 6.1 million pounds, Canada at 3.8 million pounds, Mexico at 3.6 million pounds and China at 3.5 million pounds.
U.S. imports of all sheet, strip, plate and foil products totaled 10.5 million pounds, while exports totaled 7.8 million pounds. Imports of all pipe and tube products totaled 13.8 million pounds, while pipe and tube exports totaled 3.4 million pounds. Imports of all profiles, rods and bars totaled 12.3 million pounds, while exports totaled 6.1 million pounds.