US Brass Mill product Imports and Exports Increased during February: CBFC

WASHINGTON (Scrap Monster): According to the Copper and Brass Fabricators Council (CBFC), the imports of brass mill products by the US during the month of February have improved over the previous year. The exports too witnessed a rise during the month.

According to data, the US imports of brass mill products during February this year totaled 38.24 million lb, 10% higher when compared with 34.75 million lb imports registered during February 2013. The cumulative brass mill products import by the US during the initial two months of the year amounted to 77.91 million lb, higher by 10.4% when compared with the cumulative imports of 70.58 million lb during the same period, a year ago.

The main exporter of brass mill products to the US during February was Germany. The total imports from Germany during the month totaled 7.780 million lb. South Korea followed Germany with total exports to US amounting to 5.966 million lb. In third place was Canada. The brass mill products imports by the US from Canada totaled 3.631 million lb during the month of February.

Imports of all sheet, strip, plate and foil products totaled 11.507 million lb in February. All pipe and tube products imports totaled 13.499 million lb. Imports of all profiles, rods and bars totaled 10.924 million lb. Copper alloy wire imports totaled 2.305 million lb.

In accordance with the data released by the CBFC, the US exports of brass mill products totaled 21.363 million lb in February this year, 2.6% higher from the exports of 20.823 million lb during February 2013. The cumulative brass mill products export by the US during the initial two months of the year amounted to 40.020 million lb, down 6% from the exports of 42.577 million lb during January to February last year.