July 8, 2015
Red Metal Shipments Lag 2014
Shipments of copper and brass products fell in May compared to the same month last year, reports the Copper and Brass Servicenter Association, Overland Park, Kan. Copper shipments declined 4.8 percent to 10.2 million pounds, while alloy product shipments of 10.2 million pounds declined 7.0 percent from the prior year.
Shipments also fell precipitously compared to April, with declines of 10.9 percent for copper products and 3.4 percent for alloy shipments. Altogether shipments were off 7.3 percent compare to the prior month and 5.9 percent compared to May 2014.
For the year to date, copper shipments of 54.3 million pounds were down 1.9 percent from 2014, while alloy shipments were down 1.6 percent to 52.9 million pounds. Total warehouse shipments of 107.2 million pounds declined 1.7 percent from the prior year.
Compared to 2014, the greatest shipment increase was in 200 series brass sheet, up 11.8 percent to 22.2 million pounds. The biggest decline was in 300 series rod and bar, down 7.3 percent to 22.9 million pounds. Shipments of most other major products, including copper sheet, copper plate and other alloy sheet, were relatively flat compared to 2014.