By Paul Ploumis 11 Sep 2015 Last updated at 05:49:26 GMT
SEATTLE (Scrap Monster): According to recent statistics released by the US Copper and Brass Fabricators Council (CBFC), the imports of brass mill products by the US dropped during the month of July this year. The exports too declined slightly.
According to data, the US imports of brass mill products during July this year totaled 43.6 million lb, lower by 1.8% when compared with 44.4 million lb imports registered during July 2014.
The main exporter of brass mill products to the US during July ‘15 was Germany. The total imports from Germany during the month totaled 9.7 million lb. South Korea followed Germany with total exports to US amounting to 6.2 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 13.8 million lb in July. All pipe and tube products imports totaled 15.8 million lb. Imports of all profiles, rods and bars totaled 10.2 million lb. Copper alloy wire imports totaled 3.8 million lb.
The cumulative imports of brass mill products during the initial seven-month period of the year totaled nearly 305 million lb, lower by 3.8% when matched with the imports of 317 million lb during Jan-July ’14.
In accordance with the data released by the CBFC, the US exports of brass mill products totaled 20.6 million lb in July ‘15, lower by 6.3% from the exports of nearly 22 million lb during the same month last year.
The leading destination of US brass mill products in July this year was Mexico. The exports to Mexico totaled nearly 8.6 million lb, followed by Canada with 4.9 million lb. The other leading export destinations were China (1.1 million lb), Germany (958,423 lb) and Saudi Arabia (584,217 lb).
Exports of all sheet, strip, plate and foil products totaled 7.3 million lb in July ‘15. All pipe and tube products exports totaled 4.4 million lb. Exports of all profiles, rods and bars totaled 6.6 million lb. Copper alloy wire exports totaled 2.3 million lb.
The cumulative exports of brass mill products during the initial seven-month period of the year totaled 149.7 million lb, marginally lower by 1.6% when matched with the exports of 152.2 million lb during Jan-July ’14.