Jan. 6, 2016

Red Metals Shipments Decline

Red metals distributors shipped 17.2 million pounds of products in November, a 12.4 percent decline from the prior month, reports the Copper and Brass Servicenter Association, Overland Park, Kan. Total copper shipments of 9.6 million pounds were down 2.7 percent, while total alloy shipments of 7.6 million pounds were down 22.2 percent for the month. Compared with November 2014, total copper and brass shipments were off about 2.1 percent.

For the 11-month period, warehouse shipments of red metals totaled 208.5 million pounds in 2015, down about 3.3 percent from 2014, according to the survey of CBSA members.

Service center shipments declined in nearly every product category in November, versus the previous month. For the year to date, the biggest double-digit decliners with were other rod and bar, alloy pipe and all other alloy plate. Showing modest gains for the year were 200 series brass and other alloy sheet, as well as copper sheet and copper pipe, CBSA reports.



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Monday, December 18, 2017