Calculate Embedded Emissions for Unwrought Aluminium (HS7601)

Enter your input

Payable emissions (tCO₂e/t)

Total CBAM Cost (€)

Notes:
There may be a difference when calculating the price with respect to import volume, carbon price, and benchmark emissions, as the embedded formula may result in minor variations due to decimal rounding. Therefore, the actual value may vary.

CBAM is applicable to trade volumes starting from 50 metric tonnes. For trade volumes below 50 metric tonnes, CBAM does not apply.

Usage Procedure – How to use the CBAM Calculator Sheet

Enter or update values only in the INPUT
PARAMETERS section (Highlighted in blue) , including
the carbon price, benchmark emissions, CBAM
chargeable percentage (as per the phase-in year),
and imported quantity.

The system will automatically calculate the payable
emissions and the total CBAM cost (€) based on the
inputs provided.

Notes:
• Change any input value to automatically update CBAM cost.
• Formula used: Carbon price × payable emissions × quantity.
• Model aligned with CBAM supplier-side illustrative methodology.

29 MARCH 2021 AL CIRCLE

British Govt. rejects Sanjeev Gupta’s bailout plea to prevent GFG Alliance from collapsing

EDITED BY : RUPANKAR MAJUMDER 2MINS READ

The British metal magnate and Executive Chairman of GFG Alliance, Sanjeev Gupta’s request for a £170 million emergency loan to prevent his group from collapsing have been rejected by British ministers, as reported by the industry sources on 28^th March 2021.

British Govt. rejects Sanjeev Gupta’s bailout plea

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The plea was rejected amid concerns by ministers over the structure and corporate governance at GFG Alliance, and whether bailout funds would remain in the country, as reported by a person familiar with the matter.

As per the sources, Mr Gupta was working on plans to raise fresh loans against parts of the group facility outside the UK, which added that he also focused to generate cash from an expedited sale of goods.

Sanjeev Gupta’s GFG Alliance was the biggest recipient of financing from Greensill, a British financing company that filed for insolvency in March 2021.

The conglomerate had already initiated discussions with administrators of its former financial backer Greensill on a so-called standstill agreement.

However, there has been no immediate response both from the GFG and the British Govt.

On 20^th March 2021, it was reported that GFG had secured a loan from Trafigura in 2018 by agreeing on a six-year deal to sell aluminium to the commodity trader at a discount to market prices.

Aluminium billet inventory successfully drops below 280Kt, destocking logic persists but demand recovery awaits verification