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U.S. imports and exports of brass mill products decreased in September compared with the corresponding 2018 period, reports the Copper and Brass Fabricators Council, Washington. Imports of brass mill products in September totaled 37.9 million pounds, an 8 percent decline, while exports fell 6 percent to 18.1 million pounds.
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Economic activity in the manufacturing sector contracted in October for the third straight month, reports the Institute for Supply Management in its latest Manufacturing Report on Business. The PMI for October was 48.3 percent, an increase of 0.5 percentage points from September.
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Steel shipments increased in Canada after 13 consecutive months of decline, while U.S. shipments declined only modestly. Aluminum shipments increased slightly in both countries, reports the Metals Service Center Institute in its Metals Activity Report.
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World crude steel production for the 64 countries reporting to the Brussels-based World Steel Association was 151.5 million tons in September, a 0.3 percent decrease compared with September 2018. For the year to date, global steel production was up 3.9 percent to 1.4 billion tons.
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Shipments of copper products declined in August compared with the previous month, reports the Copper and Brass Servicenter Association, Overland Park, Kan.
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The Brussels-based World Steel Association projects modest growth in North America in steel production in 2020 in its Short Range Forecast. The organization expects to see 0.8 percent growth in 2020 to 142.6 million tons. The group projects production in 2019 to finish up 0.6 percent to 141.5 million tons.
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A coalition of national organizations led by the National Association of Manufacturers and Association of General Contractors has sent a letter to the Senate urging passage of a long-term, robustly funded surface transportation reauthorization bill ahead of Sept. 30, 2020 deadline.
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U.S. imports and exports of brass mill products decreased in August compared with the corresponding 2018 period, reports the Copper and Brass Fabricators Council, Washington. Imports declined 11.6 percent to 41.7 million pounds, while exports totaled 18.8 million pounds, a decrease of 17.5 percent.
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The U.S. imported 2 million tons of steel in August, a 34 percent decline compared with July, reports the American Iron and Steel Institute, Washington. Finished steel imports declined 3.4 percent to 1.8 million tons.
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World crude steel productions increased 3.4 percent in August compared with the same month in 2018, reports the Brussels-based World Steel Association. Total steel production for the 64 countries reporting to the WSA totaled 156.0 million tons in August.
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