Sept. 2, 2015
Red Metal Shipments Decline in July
Service center shipments of red metal products declined in July compared to the same month in 2014, reports the Copper and Brass Servicenter Association, Overland Park, Kan. Total copper shipments of 10.5 million pounds fell 4.4 percent, while alloy shipments declined 5.2 percent to 10.4 million pounds.
Shipments were also off compared to the prior month. Copper shipments were down 1.0 percent, while alloy shipments declined 0.5 percent from June 2015.
Sheet products were the biggest gainers in July, with other alloy sheet shipments up 5.7 percent to 1.1 million pounds, copper sheet up 5.2 percent to 4.5 million pounds, and 200 series brass sheet up 2.8 percent to 3.9 million pounds, compared with July 2014. Copper pipe shipments declined 36.5 percent to 341,000 pounds, copper plate shipments fell 22.5 percent to 402,000 pounds, and 300 series rod and bar shipments dipped 3.7 percent to 4.3 million pounds.
For the year to date, copper shipments of 75.3 million pounds lagged 2014 by 2.5 percent, while alloy shipments were off 2.7 percent to 73.5 million pounds. Total shipments of 148.8 million pounds were 2.6 percent behind the prior year, CBSA reports.
As was the case with July, sheet products were running ahead of 2014 for the first seven months, with 200 series brass sheet up 8.0 percent to 26.6 million pounds, other alloy sheets up 5.6 percent to 6.7 million pounds, and copper sheet up 1.3 percent to 4.5 million pounds. Other alloy plate declined 19.1 percent to 849,000 pounds, other rod and bar was down 22.6 percent to 4.7 million pounds, and copper rod was off 5.4 percent to 38.6 million pounds.