Red Metal Imports, Exports Increase in July
U.S. imports and exports of brass mill products rose in July 2011, compared with the corresponding 2010 period, according to the Copper and Brass Fabricators Council, Washington, D.C. Imports of brass mill products in July totaled 43.5 million pounds, up from 43.2 million in July 2010, an increase of 0.6 percent. Exports totaled 20.4 million pounds in July, up from 18.6 million in July 2010, a 10.0 percent increase.
For year-to-date 2011 through July, imports of brass mill products totaled 289.0 million pounds, up from 286.5 million pounds through July 2010, an increase of 0.8 percent. Exports year-to-date totaled 140.9 million pounds, up from 137.4 million in the same 2010 period, an increase of 2.5 percent.
Mexico was the leading destination for U.S. exports of brass mill products in July at 7.0 million pounds, followed by Canada at 6.9 million pounds, China at 1.0 million pounds, Malaysia at 717,483 pounds and Thailand at 466,526 pounds.
Imports from Germany in July totaled 8.3 million pounds, followed by South Korea at 5.9 million pounds, China at 5.5 million pounds, Mexico at 3.9 million pounds and Canada at 3.1 million pounds.
Imports of all brass mill sheet, strip, plate and foil products totaled 12.5 million pounds, while exports of those products totaled 8.6 million pounds. Imports of all pipe and tube products totaled 16.3 million pounds, while pipe and tube exports totaled 5.7 million pounds. Imports of all profiles, rods and bars totaled 11.7 million pounds, while exports totaled 4.1 million pounds, according to CBFC.