NEW YORK: US imports of brass mill products increased by 7.3 percent in February from a year earlier and exports surged 17.8 percent in that time, an industry group said.
Imports of brass mill products in February rose to 36,021,612 lbs from 33,583,095 lbs in the same period in 2011, the Copper and Brass Fabricators Council said in a statement this week.
Exports grew to 19,347,506 lbs in February from 16,429,515 lbs a year earlier, it said.
For the year through February, imports of brass mill products totaled 76,026,319 lbs, up 7.6 percent from 70,671,586 lbs for the first two months of 2011. Exports for the year through February jumped 11.8 percent to 38,146,661 from 34,116,802 in the same 2011 period.
Mexico was the top destination for exported US brass mill products in February at 6,954,442 lbs, followed by Canada at 6,809,013 lbs, China at 950,846 lbs, Saudi Arabia at 716,905 lbs and South Korea at 526,573 lbs.
The US imported the most brass mill products in February from Germany at 7,325,443 lbs, followed by Canada at 4,491,628 lbs, South Korea at 4,929,852 lbs, South Korea at 4,286,969 lbs, and Mexico at 4,273,985 lbs and China at 3,423,058 lbs.
Imports of all sheet, strip, plate and foil products came to 11,121,724 lbs, while exports of those products totaled 7,699,821 lbs.
Imports of all pipe and tube products amounted to 11,819,066 lbs, while pipe and tube exports totaled 4,999,111 lbs.
The tally of imports of all profiles, rods and bars came to 10,507,006 lbs, with exports at 4,759,450 lbs.
Imports of copper alloy wire totaled 2,573,815 lbs while exports were 1,889,124 lbs.
Brass mill products are widely used in building construction, automotive products and for electronic and electrical applications.
Comments
Comments are closed for this article.