Aug. 3, 2016

Red Metal Shipments Improve in June

Total warehouse shipments of red metals improved in June by 6.7 percent over the previous month, but were still off about 1.1 percent compared with June 2015, reports the Copper and Brass Servicenter Association, Overland Park, Kan.

Service center shipments of copper products in June, totaling 10.7 million pounds, gained 5.6 percent compared with May and were up about 1 percent compared with the same month in 2015. Alloy shipments of 9.8 million pounds were up 7.9 percent versus the prior month, but down 3.3 percent compared with June 2015.

In the first half of the year, copper shipments of 61.9 million pounds declined 4.4 percent compared with the first six months of 2015, while alloy shipments dipped 5.8 percent to 58.4 million pounds. Total warehouse shipments of 120.3 million pounds were down 5.1 percent compared with 2015.


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Friday, October 20, 2017