Worked exampleAluminiumSlabRefined

Aluminium slab (rolling-grade)

AA1050 / AA1100 / 3003 / 5xxx

Rolling slab is the upstream feedstock for aluminium coil, sheet, and foil. Hedging at slab-tonnage level gives rolling mills clean coverage on LME-Al exposure before downstream premium capture.

This page shows how the NovaEx wizard models one common configuration. Your contract may look different. Override any field per shipment, or clone the example to build your own.

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Conversion recipe

1:1 weight
Hedge methodDirect MT hedge
FormulaHedgeable MT = Qty × UOM factor
Commercial UOMMT
Rounding ruledown

Sources

Aluminium Association · Aluminium Association Rolled-Products Committee

Industry-standard ranges shown. Actual contract terms vary per shipment; override at position entry.

Worked example

Typical shipment

Commercial qty

75 MT

As invoiced

Contained metal

75.00 MT

Aluminium inside the goods

Hedgeable metal

75.00 MT

Flows to hedge desk → LME Aluminium

75 MT = 75.00 MT contained Refined metal is 100% base metal → 75.00 MT Aluminium hedgeable

75 MT of rolling-grade slab × 100% = 75 MT Al hedgeable → hedge on LME Aluminium. Rolling margin settles as a cash premium.

Typical specifications

What you're actually trading

Reference specifications for contracts, counterparty conversations, and supply-chain planning. Not a substitute for the shipment's lab certificate or commercial contract.

Typical alloys
AA1050, AA1100, 3003, 5052, 5754
Format
~600 × 1600 × 8000 mm hot-rolling slab
Al content (base)
≥99.5% for 1xxx; ≥97% for 3xxx/5xxx
Use case
Hot-rolling feedstock for coil, sheet, plate
Related products

Other products traders often pair with this one

More Aluminium worked examples in the same catalog. Clone any of them, or configure your own variant via the wizard.

Configure aluminium slab (rolling-grade) for your desk

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Questions about this product

Aluminium slab (rolling-grade): FAQs

Frequently Asked Questions