USA - Copper and Brass Servicenter shipments down m-o-m & y-o-y in April, flat orders l... - 0 views
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James Wright on 13 Jun 12According to a survey conducted by the Copper & Brass Servicenter Association, a US-based trade group, US servicenter shipments of copper and brass products amounted to 22.7Mlbs (10,297t) in April, down by 7.0% m-o-m and down by 0.9% y-o-y. The m-o-m decline was largely attributed to weaker demand for 300-series brass rod and bar, as shipments declined by 9.9%, reaching 5.2Mlbs. Servicenters enjoyed a good Q1 as shipment levels rose to reach 72.7Mlbs (32,736t), up by 4.2% y-o-y, with the peak of the quarter occurring in March, just as it did in 2011. Over 50% of servicecenters surveyed believed that incoming orders will stay at the same level in June-August 2012 as they were in March-May 2012.