Dec. 7, 2016

Red Metal Shipments Decline in October

Service center shipments of copper and brass products declined in October compared to both the prior month and the same month in 2015, reports the Copper and Brass Servicenter Association, Overland Park, Kan. Total warehouse shipments were down 2.5 percent compared with September and 7.9 percent compared with October 2015.

Service centers shipped 9.2 million pounds of copper products in October, a decline of 1.2 percent compared with September. Alloy shipments of 8.6 million pounds were down 3.8 percent. Compared with October 2015, copper shipments were down 5.7 percent and alloy shipments were down 10.0 percent.

For the year to date, copper shipments declined 3.7 percent to 100.2 million pounds, while alloy shipments declined 5.3 percent to 95.0 million pounds. Total warehouse shipments of 195.2 million pounds were down 4.5 percent.

Among major products for the year to date, copper strip and sheet shipments increased 5.4 percent to 45.2 million pounds, while 200 series strip and sheet increased 2.6 percent to 38.5 million pounds. Copper rod and bar shipments declined 10.7 percent to 46.5 million pounds, while 300 series rod and bar shipments declined 10.8 percent to 38.3 million pounds.


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Sunday, December 17, 2017