Feb. 4, 2015
Red Metals Shipments Up 1.6 Percent in 2014
Distributors of red metals finished the year strong after several months of disappointing results. Total copper and brass shipments by service centers saw a small improvement in 2014, reports the Copper and Brass Servicenter Association, Overland Park. Kan.
For the year to date, copper shipments totaled 114.5 million pounds, a 7.4 percent increase over 2013. Alloy shipments declined 3.8 percent to 113.6 million pounds. In total, shipments of 228.1 million pounds were 1.6 percent ahead of the prior year.
In December, service center copper shipments totaled 9.7 million pounds, 7.5 percent ahead of the same month in 2013. Alloy shipments increased 5.3 percent to 9.1 million pounds. In total, December shipments increased 6.4 percent to 18.8 million pounds.
For the year, products showing the biggest gains for service centers included: alloy pipe, up 8.6 percent; copper rod, up 8.4 percent; copper sheet, up 6.6 percent; all other alloy plate, up 5.8 percent; and copper plate, up 5.6 percent.
Product categories showing the biggest declines in 2014 included: other alloy sheet, down 25.7 percent; 200 series brass plate, down 18.5 percent; and 300 series rod and bar, down 3.1 percent.