Brass Mill Product Shipments by the US Surged Higher in April

ALBANY (Scrap Monster): According to the latest trade statistics published by the Copper and Brass Fabricators Council (CBFC), the imports of brass mill products by the US surged higher during the month of April this year when matched with the previous year. Also, monthly exports rose modestly over the year.

Imports-April ‘17

The US imported 41.364 million lb of brass mill products during April this year. When compared with the imports during the same month a year before, the April ’17 imports were up by 4.3%. The imports had totaled only 39.659 million lb in April last year.

Germany continued to be the leading exporter of brass mill products to the US during the month. The imports from Germany totaled 11.292 million lb. The imports from South Korea totaled 4.394 million lb during the month. The other key exporters of brass mill products to the US were Mexico (3.836 million lb), Canada (3.677 million lb) and Vietnam (2.618 million lb).

Imports of all sheet, strip, plate and foil products totaled 14.945 million lb in April. All pipe and tube products imports totaled 14.033 million lb. The imports of all profiles, rods and bars totaled 9.081 million lb. The US imported 3.306 million lb of copper alloy wire during the month.

Exports-April ‘17

The US exports of brass mill products totaled 19.863 million lb during the month, rising marginally by 0.1% over the previous year. The exports during the same month last year had totaled 19.836 million lb.

The primary export destination of brass mill products from the US during the month was Mexico. The exports to Mexico totaled 7.778 million lb. The other key export destinations were Canada (5.438 million lb), China (1.184 million lb), South Korea (918,716 lb) and Germany (630, 061 lb).

Exports of all sheet, strip, plate and foil products totaled 7.654 million lb in April this year. All pipe and tube products exports totaled 3.996 million lb. Exports of all profiles, rods and bars totaled 6.384 million lb. Copper alloy wire exports totaled 1.829 million lb.

Combined Data-Jan-Apr ‘17

The cumulative imports of brass mill products by the US during the initial four-month period of the year totaled 155.224 million lb, up by 5.2% over the corresponding period last year. The country’s imports had totaled 147.612 million lb during the corresponding four-month period in 2016. The cumulative exports jumped higher by 7.5% from 79.519 million lb in Jan-Apr ’16 to 85.445 million lb during the first four months of 2017.

The month-wise import details of US brass mill products in 2017 are provided below:-

The table below provides the month-wise breakup of US exports of brass mill products.