June 7, 2017

Red Metal Shipments Decline in April

Service center shipments of red metals in April declined 9.2 percent from March, reports the Copper and Brass Servicenter Association, Overland Park, Kan. April copper shipments declined 10.0 percent to 10.4 million pounds, while alloy shipments dipped 8.5 percent to 10.4 million pounds, compared with the previous month. Compared with April 2016, total warehouse shipments of copper and brass were flat at around 19.2 million pounds.

For the year to date, copper shipments inched up slightly to 39.4 million pounds, while alloy shipments dipped 2.7 percent to 38.6 million pounds, compared with the first four months of 2016. Total warehouse shipments of 78.0 million pounds were down about 1 percent from last year.

Products showing the biggest gains in shipments for the year included: other alloy rod and bar, up 65.0 percent, and copper rod and bar, up 3.4 percent. Products registering the biggest declines included: other alloy strip and sheet, down 29.0 percent, and alloy tube and pipe, down 27.8 percent.


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Tuesday, October 17, 2017