Worked exampleCopperBirch / CliffScrap

Copper Birch/Cliff

ISRI Birch (#1 copper wire) / Cliff (#1 copper tubing)

Birch/Cliff is the volume backbone of copper scrap trading. The grade that moves in container loads. Metal-content hedging at 98% protects the scrap dealer's margin while the catalog's consistent derivation makes audit-ready trade capture routine.

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

Gross × MC%
Hedge methodMetal content %
FormulaHedgeable MT = Qty × UOM factor × Metal content %
Commercial UOMMT
Metal content96–99% (typical 98%)
Rounding ruledown

Sources

ISRI Scrap Specifications Circular · Copper Development Association

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

Worked example

Typical shipment

Commercial qty

25 MT

As invoiced

Contained metal

24.50 MT

Copper inside the goods

Hedgeable metal

24.50 MT

Flows to hedge desk → LME Copper

25 MT × 98% metal content = 24.50 MT contained Metal content defines exposure → 24.50 MT Copper hedgeable

25 MT of Birch/Cliff × 98% Cu = 24.5 MT Cu hedgeable → hedge on LME Copper.

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.

ISRI spec
Birch / Cliff
Description
Birch = #1 copper wire (thinner than Berry). Cliff = #1 copper tubing / plumbing.
Cu content
96–99% (typical 98%)
Discount to Berry
3–5¢/lb typical

Configure copper birch/cliff 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.

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Questions about this product

Copper Birch/Cliff: FAQs

Frequently Asked Questions