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Copper, brass shipments down in Nov.

Keywords: Tags  copper, brass, service center shipments, Copper and Brass Servicenter Association, CBSA, Thorsten Schier

NEW YORK — Copper and brass shipments from service centers fell 8.6 percent month on month in November to 20.5 million pounds, according to the Copper and Brass Servicenter Association (CBSA).

Shipments for the first 11 months of 2012 dipped slightly to 244.8 million pounds from 245.9 million pounds in the same 2011 period.

November alloy shipments totaled 10.8 million pounds, down 11.5 percent from the previous month, while copper shipments fell 5.2 percent to 9.8 million pounds.

Meanwhile, 200-series brass sheet shipments fell 11.7 percent in the same comparison to 3.8 million pounds, and 300-series rod and bar dropped 9.8 percent to 4.7 million pounds.

Copper sheet shipments fell 5.2 percent to 3.9 million pounds, while copper rod shipments dropped 5.3 percent to 5.1 million pounds, according to the Overland Park, Kan.-based organization.

Service center suppliers expect incoming orders to increase over the next three months, with 83 percent of respondents polled predicting a rise, while 41 percent of service center sources also see a pickup.

A majority of service center sources (78 percent) said that they no longer had workers on short time or layoff, while 57 percent of suppliers reported the same trend.

An increasing number of suppliers said inventory levels fell in November, the CBSA said.

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