Dec. 6, 2017

Red Metal Shipments Up 19.1 Percent in October

Service center shipments of red metal products jumped 19.1 percent in October compared with the same month in 2016, reports the Copper and Brass Servicenter Association, Overland Park, Kan. Total copper shipments in October were up 18.3 percent month over month to 10.9 million pounds, while alloy shipments increased 20 percent to 10.3 million pounds.

Copper rod and bar shipments increased 21.9 percent to 4.7 million pounds, while strip and sheet shipments climbed 12.2 percent to 5.1 million pounds. Shipments of 200 Series strip and sheet jumped 20.3 percent to 4.3 million pounds, while 300 Series rod and bar shipments increased 16 percent to 4.1 million pounds.

For the year to date, total shipments were up 4.9 percent from 2016 to 200.2 million pounds. Total copper shipments were up 7.3 percent year over year to 102.3 million pounds, while alloy shipments increased 2.5 percent to 97.9 million pounds.

Copper rod and bar shipments were up 9.8 percent through the first 10 months of 2017 to 46.4 million pounds, while copper sheet and strip shipments increased 4 percent to 48 million pounds. Other alloy sheet and strip was the only major product category to show major year-over-year declines, with year-to-date shipments falling 48.3 percent to 4.6 million pounds.


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Wednesday, January 17, 2018