May 13, 2015
Copper Shipments Ahead of 2014 Pace
Service center shipments of copper products increased in March compared to the same month in 2014, while alloy shipments were mostly flat, reports the Copper and Brass Servicenter Association, Overland Park, Kan. Copper shipments of 11.1 million pounds were up 12.2 percent over March 2014, but brass shipments of 10.9 million pounds were off 0.5 percent. Total warehouse shipments of 22.0 million pounds were up 5.5 percent.
For the first three months of the year, total shipments increased 0.3 percent to 65.0 million pounds. Copper shipments year to date remained 0.9 percent behind 2014 at 32.8 million pounds, while alloy shipments increased 1.6 percent to 32.2 million pounds.
The biggest year-over-year gains were in 200 series brass sheet, up 19.1 percent to 11.6 million pounds, and copper rod, up 4.0 percent to 17.2 million pounds. Copper sheet was down 0.6 percent to 13.1 million pounds and 300 series rod and bar was off 2.5 percent to 14.4 million pounds.
March shipments were up across the board compared to February, driven by two extra shipping days. Total copper shipments increased 13.1 percent and alloy shipments were up 13.0 percent, CBSA reports.