Expected rise in copper imports won't last: mill

Apr 01, 2013 | 03:57 PM | Suzy Waite

Tags  Copper, service centers, copper mills, ammunition, automotive, housing, OEMs, imports Aurubis

NEW YORK — Lengthening lead times at U.S. copper and brass product mills are encouraging more buyers to consider imports, but at least one major domestic mill source said he’s optimistic the trend will be short-lived.

The recent extension of lead times for copper and brass products—out to as far as 18 weeks for some products—had led service centers to speculate that original equipment manufacturers (OEMs) may turn to imports to meet their customers’ demands, which could take business away from domestic mills (amm.com, March 26).

Imports of copper sheet and strip may hit U.S. shores for a few months, although one domestic mill source said it will be short-lived. "There might be a short-term trend," he told AMM. "We don’t want that to happen. Of course we don’t want to see business go somewhere else. But we understand how it can happen in the short term." ....





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