Aug. 2, 2017

Red Metal Shipments up for the Year to Date

Service center shipments of red metals in June increased in June compared with the same month in 2016, reports the Copper and Brass Servicenter Association, Overland Park, Kan. Copper shipments increased 6.2 percent to 10.7 million pounds, while alloy shipments climbed 3.8 percent to 10.2 million pounds. Overall, total shipments were up almost 5 percent to 20.9 million pounds.

The biggest increases in June were seen in 200 series strip and sheet, up 11.8 percent to 4.5 million pounds, copper rod and bar, up 8.9 percent to 4.6 million pounds, and other alloy rod and bar, up 86.2 percent to 907,000 pounds. Copper sheet and strip shipments fell 1.1 percent to 5.1 million pounds.

For the year to date, copper shipments were up 3.6 percent to 60.8 million pounds, while alloy shipments of 58.7 million pounds were basically flat. Total warehouse shipments were up 1.8 percent to 119.6 million pounds. Copper rod and bar shipments were up 5.5 percent to 27.6 million pounds, and both copper and 200 series strip and sheet products saw shipments gains of just over 1.0 percent. In contrast, other alloy strip and sheet shipments were down 41.7 percent to 3.0 million pounds.


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Monday, October 23, 2017