March 1, 2017

Red Metals Shipments Improve from December

Service center shipments of red metals in January were flat with the same month a year ago, but up substantially from December, reports the Copper and Brass Servicenter Association, Overland Park, Kan.

While total copper shipments increased by 6.7 percent, total alloy shipments declined by 7.2 percent in the first month of the year, compared with January 2016.

Compared with December, shipments of copper and brass jumped by double digits. Copper shipments increased nearly 22 percent to 10.5 million pounds, while alloy shipments increased nearly 13 percent to 9.3 million pounds.

During January, shipments in all the copper product categories saw big jumps from the previous month. In alloy products, shipments increased in all but three categories. Other alloy plate declined 30 percent, other alloy strip and sheet declined 27 percent, and alloy tube and pipe dipped by about 10 percent, compared with December, CBSA reports.


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Monday, October 23, 2017