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The US Department of Commerce concluded that a revocation of the antidumping duty order on brass sheet and strip from Germany would likely lead to a recurrence or continuation of dumping. This follows a 5-year review that was initiated on 1st March 2011. An essential aspect of the results was the calculation of the weighted-average percentage margins for German exporters, which it measured to be 3.81% for Wieland-Werke AG and 7.30% for all others.

The Japan Copper and Brass Association reported that copper semis production amounted to 70,699t in April, a rise of 3.1% m-o-m on a seasonally adjusted basis, and almost flat y-o-y. This was principally attributed to fabricators ramping up production after the government revoked its schedule of rolling power cuts which were employed in March following the earthquake. In addition to this, increased demand from the air conditioning sector and further anticipated power outages over the summer are likely to have supported producers' decisions to increase production in April.

Wieland-Werke AG, the German fabricator of brass mill products, reported sales of 475,000t, down by 0.4% y-o-y in financial year 2010/2011. Turnover increased by 24% y-o-y to reach €3,287M and profits also rose to €45M in 2010/2011 after a loss of €6M in the previous year. The rise in turnover was mainly attributed to rising metals prices, while the company said that the increase in profits was caused by a product mix composed of a larger amount of value-added products. Wieland noted strong demand in the first six months of the period, which was offset by the Euro debt-crisis as a driver of significantly weaker demand in Europe during the latter half of the fiscal year. In addition, the company saw a fall in demand in Asia from Spring 2011 and continued very low demand in North America. End-use consumer demand was weak and impacted the electronics and electrical engineering sectors as well as vehicle production. Mechanical engineering was considered to be a bright spot in fiscal year 2010/2011.

Wieland-Werke AG, the German fabricator of brass mill products, stated that demand in 2012 began weakly. After January, orders rose only slightly, but demand from important markets in Asia and Europe declined, principally attributed to cautious buying as fears remained over the impact of the course of the euro debt crisis in 2012. In addition, the company is experiencing reduced demand from the electronics industry in Asia following the closure of several plants affected by the tsunami in Japan and flooding in Thailand. Wieland has also not seen any growth support from North America and is uncertain about the global outlook for demand in 2012 due to the unpredictability of the euro debt crisis.

TEPCO, a Japanese power supplier announced that it will increase its electricity prices for corporate clients by an average of 17% to cover higher energy costs for the use of thermal power plants while the firm idles many of its nuclear power facilities. The Japan Copper and Brass Association diapproves of the move, which it says would add ¥1.2 - 1.3B/y in production costs at the affected brass mills. The 23 copper product fabrication sites within the TEPCO supply area account for 43% of total copper semis output in Japan.

According to preliminary data from the Japan Copper and Brass Association, output of copper semis products from Japanese mills declined 4.8% y-o-y in February, to 60,949t. The output of alloy tubes and copper wires declined at the fastest rate in February, falling 38% y-o-y and 20% y-o-y respectively. However, the output of copper flat-rolled products bucked the trend with copper sheet output increasing by 23% y-o-y to 1,468t.

Jingcheng Copper, a Chinese brass mill, expects to increase capacity of copper sheet and strip from 90,000t/y to 120,000t/y through a new plant, which began construction in December 2009 and is expected to be operational in December 2011. Investment amounted to RMB495.0M. It was reported that the company produced 81,899t of copper products in 2010, up by 5.0% y-o-y and is targeting production of 82,500t in 2011, up by 0.8% y-o-y.