By Paul Ploumis (ScrapMonster Author)
February 22, 2016 04:38:39 AM
SPOKANE (Scrap Monster): According to the Copper and Brass Fabricators Council (CBFC), the imports of brass mill products by the US during the month of December last year have declined over the previous year. The exports too dropped during the month.
According to data, the US imports of brass mill products during December totaled 33.35 million lb, 15% lower when compared with 39.11 million lb imports registered during December 2014. The cumulative brass mill products import by the US during the year 2015 amounted to 484.82 million lb, modestly lower by 8.0% when compared with the cumulative imports of 526.29 million lb during the entire year 2014.
The main exporter of brass mill products to the US during November was Germany. The total imports from Germany during the month totaled 7.80 million lb. South Korea followed Germany with total exports to US amounting to 5.17 million lb. In third place was Mexico. The brass mill products imports by the US from Mexico totaled 4.07 million lb during the month. The other key exporters were Canada (2.71 million lb) and Peru (2.50 million lb).
Imports of all sheet, strip, plate and foil products totaled 10.30 million lb in December. All pipe and tube products imports totaled 11.86 million lb. Imports of all profiles, rods and bars totaled 7.88 million lb. Copper alloy wire imports totaled 3.31 million lb.
In accordance with the data released by the CBFC, the US exports of brass mill products totaled 16.60 million lb in December last year, 11% down from the exports of 18.71 million lb during December 2014.
The key export destination for US brass mill products during Dec ’15 was Mexico. The exports to Mexico totaled 6.81 million lb. The other key importers during the month were Canada (4.25 million lb), Japan (573,454 lb), China (569,386 lb) and Thailand (414,588 lb).
Exports of all sheet, strip, plate and foil products totaled 6.64 million lb in December 2015. All pipe and tube products exports totaled 3.12 million lb. Exports of all profiles, rods and bars totaled 4.73 million lb. Copper alloy wire exports totaled 2.11 million lb.
The cumulative brass mill products exports by the US during the entire year 2015 amounted to 244.10 million lb, down by 4% from the exports of 253.37 million lb during 2014.