TOTAL U.S. COPPER STOCKS LOWER IN JANUARY Total copper stocks held by U.S. rod mills and refiners (including wirebars, cathodes, scrap, rod and in-process material) dropped to 155,467,000 lbs at the end of January from 203,513,000 lbs at the end of December, the American Bureau of Metal Statistics said. Rod stocks held by refiners and rod mills decreased to 61,384,000 lbs in January from 69,986,000 lbs in December. Cathode inventories at rod mills fell to 86,456,000 lbs in January from 124,409,000 lbs in December, while wirebar stocks were lower at 3,508,000 lbs versus 4,913,000 lbs in December. December rod mill wirebar use nearly doubled to 3,148,000 lbs in January from 1,540,000 lbs in December. Cathode use by mills and refiners increased to 255,266,000 lbs in January from 238,821,000 lbs in December.