ETP vs OFHC busbar: any hedge impact?

None. Both ≥99.9% Cu and hedge 1:1. OFHC commands a premium ($200+/MT) for oxygen-free electrical properties; premium is cash, not hedge.

Does silver-plated busbar (for contact surfaces) change anything?

Silver plating is <0.5% by weight. Hedge Direct MT on the copper core; silver is either negligible or tracked as a minor byproduct position.

Indian switchgear manufacturers and busbar hedging?

Large OEMs (Siemens India, L&T Electrical) buy rolled busbar strip and fabricate in-house. They hedge strip tonnage at buy-in; fabricated busbar inventory carries the same LME-Cu exposure.

How is this different from copper strip?

Busbar is a finished assembly shape (specific sections, cuts, punches). Strip is the upstream flat-rolled feedstock. Hedge method is identical (Direct MT); the commercial path differs.

Worked exampleCopperBusbarVAP

Copper busbar

Name: Copper busbar
Brand: Novaex
SKU: copper-busbar

C11000 ETP / C10200 OFHC

Busbar is one of the highest-purity fabricated copper products in circulation. Direct MT hedging with 99.9% Cu keeps the LME-Cu exposure precise; fabrication (rolling, shaping, electroplating) premium settles commercially without polluting the hedge book.

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.

Last updated: April 2026By NovaEx Product

Conversion recipe

1:1 weight

Hedge methodDirect MT hedge

FormulaHedgeable MT = Qty × UOM factor

Commercial UOMMT

Rounding ruledown

Sources

ASTM B187 · Copper Development Association · BS EN 13601

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

Worked example

Typical shipment

Commercial qty

15 MT

As invoiced

Contained metal

15.00 MT

Copper inside the goods

Hedgeable metal

15.00 MT

Flows to hedge desk → LME Copper

15 MT = 15.00 MT contained Refined metal is 100% base metal → 15.00 MT Copper hedgeable

15 MT of C11000 copper busbar × 100% = 15 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.

Grade: C11000 ETP (99.9% Cu) / C10200 OFHC (99.95% Cu)
Typical cross-sections: Rectangular 50×10 mm through 200×20 mm
Conformance: ASTM B187, BS EN 13601
Use case: Electrical switchgear, substation assemblies, transformers
Typical buyers: ABB, Siemens, Schneider, Indian OEMs