US brass mill product imports rose 9.1% in August y-o-y : CBFC

WASHINGTON (Scrap Monster) : According to the Copper and Brass Fabricators Council (CBFC), the imports of brass mill products by the US during the month of August has improved over the previous year.

According to data, the US imports of brass mill products during August totaled 43.062 million lb, 9.1% higher when compared with 39.483 million lb exports registered during August 2012. The cumulative brass mill products import by the US during the initial eight months of the year amounted to 334.270 million lb, marginally lower by 1.1% when compared with the cumulative imports of 338.155 million lb during the same period, a year ago.

The main exporter of brass mill products to the US during August was Germany. The total imports from Germany during the month totaled 9.994 million lb. South Korea followed Germany with total exports to US amounting to 7.269 million lb. In third place was Canada. The brass mill products imports by the US from Canada totaled 3.856 million lb during the month of August.

Imports of all sheet, strip, plate and foil products totaled 13.995 million lb in July. All pipe and tube products imports totaled 13.835 million lb. Imports of all profiles, rods and bars totaled 11.832 million lb. Copper alloy wire imports totaled 3.401 million lb.

In accordance with the data released by the CBFC, the US exports of brass mill products totaled 21.845 million lb in August this year, 4.4% higher from the exports of 20.931 million lb during August 2012. The cumulative brass mill products export by the US during the initial eight months of the year amounted to 167.511 million lb, 1% higher from the exports of 165.870 million lb during January to August last year.