$15.00
A copper consignment is a loan of copper that is denominated in pounds rather than dollars and is a method for wire companies to finance and hedge their copper inventories. The consignment offers three benefits to the wire producing company: competitive inventory financing costs, improved hedging capabilities and additional liquidity.
A copper consignment is a loan of copper that is denominated in pounds rather than dollars and is a method for wire companies to finance and hedge their copper inventories. The consignment offers three benefits to the wire producing company: competitive inventory financing costs, improved hedging capabilities and additional liquidity.
| Author(s) | Frederick W. Reinhardt and Paul J. McGoldrick, Fleet Bank, USA |
|---|---|
| Publication/Event/Pages | Paper presented at WAI 69th Annual Convention, Atlanta, GA USA |
| Year | 1999 |
The Wire Association International, Inc.
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The Wire Association International (WAI), Inc., founded in 1930, is a worldwide technical society for wire and cable industry professionals. Based in Madison, Connecticut, USA, WAI collects and shares technical, manufacturing, and general business information to the ferrous, nonferrous, electrical, fiber optic, and fastener segments of the wire and cable industry.
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