Copper Shipments Dip in July

Service center shipments of copper and brass products declined in July by 7.3 percent compared to the same period last year, reports the Copper and Brass Servicenter Association, Overland Park, Kan. Warehouse shipments of copper and alloy products totaled nearly 21.0 million pounds in July, down from 22.6 million pounds in July 2010.

July’s copper and brass shipments also showed a 9.6 percent decline from the previous month, when service centers shipped 23.2 million pounds.

For the year to date through July, total warehouse shipments of 159.2 million pounds were running 1.6 percent ahead of last year, according to CBSA.

Year to date, service centers have seen the biggest gains in shipments of 200 series brass plate, alloy pipe and copper plate, while experiencing declines in copper and brass sheet.

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Thursday, September 29, 2016