US Imports and Exports of brass mill products increased in March '14: 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 March have improved over the previous year. The exports too witnessed a rise during the month.

According to data, the US imports of brass mill products during March this year totaled 50.78 million lb, 21.1% higher when compared with 41.93 million lb imports registered during March 2013. The cumulative brass mill products import by the US during the initial three months of the year amounted to 128.69 million lb, higher by 14.4% when compared with the cumulative imports of 112.51 million lb during the same period, a year ago.

The main exporter of brass mill products to the US during March was Germany. The total imports from Germany during the month totaled 10.501 million lb. South Korea followed Germany with total exports to US amounting to 8.085 million lb. In third place was China. The brass mill products imports by the US from China totaled 4.589 million lb during the month of March.

Imports of all sheet, strip, plate and foil products totaled 14.225 million lb in March. All pipe and tube products imports totaled 16.859 million lb. Imports of all profiles, rods and bars totaled 16.251 million lb. Copper alloy wire imports totaled 3.447 million lb.

In accordance with the data released by the CBFC, the US exports of brass mill products totaled 23.159 million lb in March this year, marginally higher by 0.07% from the exports of 23.142 million lb during March 2013. The cumulative brass mill products export by the US during the initial three months of the year amounted to 63.179 million lb, down 3.9% from the exports of 65.719 million lb during January to March last year.