June 8, 2016

Red Metal Shipments Down 5.6% in 2016

Red metal shipments from service centers declined in April compared with both the same month in 2015 and the prior month. Shipments were down significantly through the first four months of the year, reports the Copper and Brass Servicenter Association, Overland Park, Kan.

Copper shipments of 9.9 million pounds declined 13.5 percent compared with March and were down 12.5 percent compared with the same month in 2015. Alloy shipments of 9.9 million pounds were down 7.5 percent against the prior month and down 4.4 percent compared with April 2015.

For the year to date, copper shipments of 41.6 million pounds declined 5.3 percent compared with the first four months of 2015, while alloy shipments dipped 5.9 percent to 39.4 million pounds. Total warehouse shipments of 81.0 million pounds were down 5.6 percent compared with 2015.



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Tuesday, October 24, 2017