Dec. 9, 2015

Red Metal Shipments Decline in October

Red metal shipments declined more than 10 percent in October compared to the same month in 2014, reports the Copper and Brass Servicenter Association, Overland Park, Kan. Total warehouse shipments of 20.1 million pounds were down 10.2 percent compared to the previous October.

Total copper shipments of 10.1 million pounds fell 12.1 percent, while alloy shipments of 10.0 million pounds were off 8.3 percent. Compared to September, copper shipments were flat, while alloy shipments increased 3.4 percent.

For the year to date, total copper shipments were down 2.9 percent to 98.6 million pounds, while alloy shipments of 95.2 million tons were 3.9 percent behind 2014. Altogether, shipments of 193.8 million pounds were down 3.4 percent from the prior year.

The only product categories to show year-to-date shipping increases in 2015 were: 200 series brass sheet, up 4.3 percent to 3.9 million pounds; all other alloy plate, up 1.9 percent to 110,000 pounds; and copper sheet, up slightly to 4.4 million pounds. The largest declines were seen in copper rod, down 21.4 percent to 4.9 million pounds, and 300 series rod and bar, down 16.1 percent to 4.1 million pounds.


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Friday, October 20, 2017