Red Metal Shipments Decline in November
By Metal Center News Staff
on Jan 1, 2019
Shipments of most copper products declined in November compared with the previous month, reports the Copper and Brass Servicenter Association, Overland Park, Kansas. This is the first month of comparative data under the new CBSA data collection method.
Total warehouse shipments declined 17.3 percent in November to just under 17 million pounds. Finished goods shipments were worth $2.7 million, a decline of 30 percent in value from October.
Among copper strip and sheet products, C100 shipments declined 17.5 percent to 4.9 million pounds in November. C200/300/400 shipments increased 0.3 percent 4.6 million pounds, while C500/600/700 shipments declined 2.7 percent to 786,000 pounds.
In copper plate, C100 shipments declined 35.9 percent to 229,000 pounds, C200/300/400 shipments were off 44.7 percent to 119,000 pounds and C500/600/700 shipments of 60,000 pounds declined 39.4 percent from the prior month.
Among copper rod/bar/profile/hollow shipments, all but C800/900 shipments (up 5.8 percent to 385,000 pounds) declined in November. C100 shipments of 2.8 million pounds were almost flat with October.
Among pipe and tube products, C100 shipments of 734,000 pounds were down 24.6 percent in October and C500/600/700 shipments declined 30 percent to 21,000 pounds. Shipments of C200/300/400 products increased 13.1 percent to 277,000 pounds.