Aluminium Tense
ISRI Tense. Clean mixed old alloy sheet aluminium
Tense is a staple of the secondary aluminium feedstock chain. Spreadsheet hedging at gross weight over-hedges by ~8%. That's real LME cash leaked every shipment. Metal-content hedging fixes the exposure exactly.
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.
Conversion recipe
Gross × MC%Sources
ISRI Scrap Specifications Circular · Aluminium Association
Industry-standard ranges shown. Actual contract terms vary per shipment; override at position entry.
Worked example
Typical shipmentCommercial qty
100 MT
As invoiced
Contained metal
92.00 MT
Aluminium inside the goods
Hedgeable metal
92.00 MT
Flows to hedge desk → LME Aluminium
100 MT of Tense scrap × 92% Al content = 92 MT Al hedgeable → hedge on LME Aluminium.
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.
- ISRI spec
- Tense
- Description
- Clean mixed old alloy sheet aluminium, free of contaminants
- Al content
- 88–95% (typical 92%)
- Common source
- Old rolled-product returns, beverage can bodies
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 tense for your desk
Book a live walkthrough. We'll configure this product using your own contract terms and show the hedge derivation end-to-end.