July 23, 2014
Brass Imports Up, Exports Down in May
U.S. imports of brass mill products increased in May, compared to May 2013, while exports decreased, reports the Copper and Brass Fabricators Council in Washington. Imports of brass mill products in May totaled 48.0 million pounds, up 7.4 percent, while exports fell 6.7 percent to 22.2 million pounds.
For the year to date, imports of brass mill products totaled 225.2 million pounds, an increase of 12 percent compared to the first five months of 2013. Exports for the year to date declined 4.6 percent to 108.1 million pounds.
Mexico was the leading destination for U.S. exports of brass mill products in May at 7.3 million pounds, followed by Canada at 6.2 million pounds, South Korea at 1.6 million pounds, China at 1.2 million pounds, and Germany at 592,744 pounds.
Imports from Germany in May totaled 10.6 million pounds, followed by South Korea at 9.7 million pounds, Mexico at 5.7 million pounds, China at 4.5 million pounds, and Canada at 4.3 million pounds.
Imports of all sheet, strip, plate and foil products totaled 13.8 million pounds, while exports of those products totaled 8.9 million pounds. Imports of all pipe and tube products totaled 19.1 million pounds, while pipe and tube exports totaled 4.8 million pounds. Imports of all profiles, rods and bars totaled 12.3 million pounds, while exports totaled 6.4 million pounds.