NEW YORK Brass mill and copper wire rod mill production fell in October from the previous month, according to the latest U.S. Geological Survey (USGS) data.
Brass mill production slipped 2.2 percent to 78,600 tonnes from 80,400 tonnes in September, while wire rod output fell 1.9 percent to 105,000 tonnes from 107,000 tonnes.
Brass mill production totaled 799,000 tonnes in the first 10 months of 2012, up 0.4 percent from 796,000 tonnes in the same period a year earlier, while wire rod output of 1.09 million tonnes was up 2.8 percent from 1.06 million tonnes in the same comparison.
October shipments of brass mill products dipped 1.4 percent to 79,000 tonnes from 80,100 tonnes in September, but the year-to-date total of 797,000 tonnes was 0.2 percent higher than 795,600 tonnes a year earlier.
Shipments by copper wire rod mills in October increased 8.8 percent to 111,000 tonnes from 102,000 tonnes the previous month, putting the 10-month total of 1.1 million tonnes 3.2 percent higher than 1.0654 million tonnes a year earlier.
Domestic refined copper production totaled 87,400 tonnes in October, up 10.5 percent from 79,100 tonnes in September, but the 10-month total of 783,000 tonnes was down 2.9 percent from 806,100 tonnes in the same period in 2011.
The United States imported some 499,000 tonnes of refined copper in the first 10 months of 2012 compared with 670,000 tonnes in all of 2011.
Domestic mine and refined copper production are forecast to increase 10 percent this year, the USGS said, citing International Copper Study Group data.