NEW YORK Copper and brass
shipments rose 13.2 percent month on month in October but were
flat year on year, according to the Copper and Brass
Servicenter Association (CBSA).
Shipments for the first 10
months of the year fell slightly from a year earlier to 224.8
million pounds, Overland Park, Kan.-based CBSA
October alloy shipments totaled
11.9 million pounds, up 11.9 percent from the previous month
and 4.3 percent higher year on year. Copper shipments for the
month reached 10.1 million pounds, up 14.7 percent from
September but down 3.4 percent from October 2011.
The largest month-on-month
increases were in 200-series brass plate (up 67.3 percent to
92,000 pounds), alloy pipe (up 33.7 percent to 635,000 pounds)
and copper plate (up 27 percent to 498,000 pounds).
Half of all suppliers surveyed
said their average lead times were shorter than three months
ago, and 40 percent said lead times were just as long. A
majority of service centers said lead times were unchanged from
three months ago.
More than half of the service
centers forecast incoming orders over the next three months
would be flat vs. the past three months, while nearly a third
said incoming orders would be down. Service centers, on
average, said order volumes would be flat over the next three
Most survey respondents said
customers were as prompt in paying fees as they were in the
preceding three months, and a majority of service centers and
less than half of their suppliers said workers were no longer
on short time or layoff.