Calculate Embedded Emissions for Unwrought Aluminium (HS7601)

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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.

13 NOVEMBER 2023 AL CIRCLE

China’s Oct 2023 aluminium output flaunts a 3.4% rise M-o-M; SMM projects a drop in November with production cut in Yunnan

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

According to the Shanghai Metals Market survey, China’s aluminium production in October 2023 (31 calendar days) amounted to 3.641 million tonnes, flaunting a month-on-month rise of 3.35 per cent from 3.523 million tonnes. On a year-on-year calculation, the output stood 6.7 per cent higher than 3.42 million tonnes. The cumulative production during January-October 2023 stood at 34.458 million tonnes, up 3.5 per cent from a prior year.

China’s October 2023 aluminium output flaunts a 3.4% rise M-o-M; SMM projects a drop in November with production cut in Yunnan

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The average daily output in October’23 was slightly higher at 117,500 tonnes compared to 117,400 tonnes a month ago.

However, in October, there was a decrease in production among primary aluminium processing producers such as aluminium billet, while the proportion of aluminium ingot production increased, reducing the industry’s average molten aluminium share by 2.9 per cent to 70.33 per cent.

Aluminium ingot production rose 5 per cent year-on-year in October, but the total output from January to October decreased 10.5 per cent, totalling 10.21 million tonnes.

SMM survey indicated that China’s aluminium production capacity remained steady in October 2023, with a slight increase in Sichuan. In Qinghai, 10,000 tonnes of aluminium capacity was under routine maintenance, and the new capacity of Inner Mongolia Baiyinhua came into operation only in late October. Thus, currently, China’s aluminium installed capacity is around 45.19 million tonnes, and the operating capacity is about 42.99 million tonnes.

In early November, aluminium smelters in Yunnan began reducing production due to limited hydropower supply during the dry season, starting from November to April. According to SMM, Yunnan will see a capacity cut of around 1.5 million tonnes. No major cuts are expected elsewhere in November.

SMM forecasts total aluminium processing to reach nearly 41.98 million tonnes by November-end, while the production to amount to 3.45 million tonnes, up 3.4 per cent Y-o-Y but down by 5.25 per cent M-o-M.

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