Jan. 7, 2015
Copper Up, Alloy Down as Shipment Report Resumes
Copper shipments increased in November while alloy shipments fell, continuing the yearlong trend in red metals, reports the Copper and Brass Servicenter Association, Overland Park. Kan. CBSA has resumed its monthly shipment report following several months of reorganization as a result of ThyssenKrupp’s exit from industry trade groups.
Service center copper shipments totaled 7.2 million pounds in November, 5.0 percent ahead of the same month in 2013. Alloy shipments declined 6.9 percent to 8.0 million pounds. Altogether, shipments declined 1.6 percent to 15.2 million pounds.
For the year to date, copper shipments totaled 104.8 million pounds, a 7.4 percent increase. Alloy shipments declined 4.5 percent to 104.4 million pounds. Total shipments of 209.3 million pounds were 1.1 percent ahead of 2014.
By product, the biggest increases in November shipments, compared with the same month in 2013, were in copper rod, up 17.9 percent to 3.5 million pounds, and 200 series brass sheet, up 5.2 percent to 2.8 million pounds. Other alloy sheet declined 21.3 percent to 583,000 pounds, while 300 series rod and bar totaled 3.4 million pounds, down 11.1 percent.