July 22, 2015
Red Metal Imports, Exports Decline in May
U.S. imports and exports of brass mill products declined in May compared with the corresponding 2014 period, reports the Copper and Brass Fabricators Council, Washington. Imports of brass mill products totaled 47.1 million pounds, down 1.9 percent from May 2014, while exports decreased 8.3 percent to 22.2 million pounds.
For the year to date through five months, imports of brass mill products declined 3.6 percent to 225.2 million pounds. Exports of 107.1 million pounds declined 1 percent from 2014.
Mexico was the leading destination for U.S. exports of brass mill products in May at 7.8 million pounds, followed by Canada at 5.2 million pounds, Saudi Arabia at 905,934 pounds, United Arab Emirates at 878,698 pounds and China at 607,938 pounds.
Imports from Germany in May totaled 11.8 million pounds, followed by Mexico at 5.6 million pounds, South Korea at 5.3 million pounds, Canada at 4.0 million pounds and Peru at 3.0 million pounds.
Imports of all sheet, strip, plate and foil products totaled 15.5 million pounds, while exports of those products totaled 7.6 million pounds. Imports of all pipe and tube products totaled 16.5 million pounds, while pipe and tube exports totaled 4.4 million pounds. Imports of all profiles, rods and bars totaled 11.1 million pounds, while exports totaled 6.4 million pounds.