Sept. 3, 2014
Red Metals Shipments Increase in July
Copper and brass distributors shipped more products in July than in the same month last year, pulling the year-to-date figures almost even with 2013, reports the Copper and Brass Servicenter Association, Overland Park, Kan. Total warehouse shipments increased 4.6 percent to 11.0 million pounds in July. For the year to date, warehouse shipments of 155.7 million pounds were just slightly behind last year’s numbers.
Total copper shipments have been outpacing 2013 for service centers. In July, copper shipments of 11.2 million pounds were 7.0 percent ahead of July 2013, while total shipments of 78.3 million were 6.1 percent ahead of last year. Alloy shipments of 11.0 million pounds were 4.6 percent better than last year, but year-to-date shipments of 77.4 million pounds remained 5.6 percent behind the first seven months of 2013.
Among product categories, the biggest gainers through seven months were copper plate, up 11.3 percent to 3.7 million pounds, and copper pipe, up 7.8 percent to 2.6 million pounds. Other alloy sheet fell 17.8 percent to 5.9 million pounds, and shipments of 200 series brass sheet decreased 8.4 percent to 24.9 million pounds.