Author: Paul Ploumis
11 May 2015 Last updated at 03:51:56 GMT
SEATTLE (Scrap Monster): According to recent statistics released by the Copper and Brass Fabricators Council (CBFC), the imports and exports of brass mill products by the US dropped during the month of March this year.
According to data, the US imports of brass mill products during March this year totaled 48.1 million lb, lower by 5.2% when compared with 50.7 million lb imports registered during March 2014.
The main exporter of brass mill products to the US during Mar ‘15 was Germany. The total imports from Germany during the month totaled 10.9 million lb. South Korea followed Germany with total exports to US amounting to 7.7 million lb. In third place was Mexico. The brass mill products imports by the US from Mexico totaled 5.1 million lb.
Imports of all sheet, strip, plate and foil products totaled 15.7 million lb in March. All pipe and tube products imports totaled 16.1 million lb. Imports of all profiles, rods and bars totaled 11.8 million lb. Copper alloy wire imports totaled 4.4 million lb.
The cumulative imports of brass mill products during the initial three-month period of the year totaled 122.3 million lb, lower by 5% when matched with the imports of 128.6 million lb during Jan-Mar ’14.
In accordance with the data released by the CBFC, the US exports of brass mill products totaled 22.7 million lb in Mar ‘15, marginally lower by 1.7% from the exports of 23.1 million lb during the same month last year.
The leading destination of US brass mill products in March this year was Mexico. The exports to Mexico totaled nearly 8.9 million lb, followed by Canada with 5.6 million lb. The other leading export destinations were Saudi Arabia (1.0 million lb), China (892,451lb) and Hong Kong (782,675 lb).
Exports of all sheet, strip, plate and foil products totaled 8.9 million lb in Mar ‘15. All pipe and tube products exports totaled 4.8 million lb. Exports of all profiles, rods and bars totaled 6.8 million lb. Copper alloy wire exports totaled 2.1 million lb.
The cumulative exports of brass mill products during the initial three-month period of the year totaled 63.8 million lb, marginally higher by 1% when matched with the exports of 63.1 million lb during Jan-Mar ’14.