By Paul Ploumis 17 Aug 2015 Last updated at 08:32:45 GMT
SEATTLE (Scrap Monster): According to recent statistics released by the Copper and Brass Fabricators Council (CBFC), the imports of brass mill products by the US dropped during the month of June this year. The exports too declined slightly.
According to data, the US imports of brass mill products during June this year totaled 44.116 million lb, lower by 6.6% when compared with 47.225 million lb imports registered during June 2014.
The main exporter of brass mill products to the US during June ‘15 was Germany. The total imports from Germany during the month totaled 10.326 million lb. South Korea followed Germany with total exports to US amounting to 6.252 million lb. In third place was Mexico. The brass mill products imports by the US from Mexico totaled 5.257 million lb.
Imports of all sheet, strip, plate and foil products totaled 14.030 million lb in June. All pipe and tube products imports totaled 15.313 million lb. Imports of all profiles, rods and bars totaled 11.045 million lb. Copper alloy wire imports totaled 3.729 million lb.
The cumulative imports of brass mill products during the initial six-month period of the year totaled 261.342 million lb, lower by 4.1% when matched with the imports of 272.459 million lb during Jan-June ’14.
In accordance with the data released by the CBFC, the US exports of brass mill products totaled 21.929 million lb in June ‘15, marginally lower by 0.2% from the exports of 21.982 million lb during the same month last year.
The leading destination of US brass mill products in June this year was Mexico. The exports to Mexico totaled nearly 8.706 million lb, followed by Canada with 5.557 million lb. The other leading export destinations were China (1.385 million lb), Saudi Arabia (1.216 million lb), and South Korea (1.104 million lb).
Exports of all sheet, strip, plate and foil products totaled 7.434 million lb in June ‘15. All pipe and tube products exports totaled 5.028 million lb. Exports of all profiles, rods and bars totaled 7.365 million lb. Copper alloy wire exports totaled 2.102 million lb.
The cumulative exports of brass mill products during the initial six-month period of the year totaled 129.078 million lb, marginally lower by 1% when matched with the exports of 130.165 million lb during Jan-June ’14.