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.

25 JANUARY 2021 AL CIRCLE

Alcoa’s full-year revenue in 2020 stands 11% down Y-o-Y despite improved third-party aluminium shipments

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

Alcoa Corporation revealed a full-year revenue of US$ 9,286 million for 2020 and US$ 2,392 million for the fourth quarter of the year. The full-year revenue stood down by 11 per cent year-on-year, while the fourth quarter revenue stood almost flat quarter-on-quarter. As a consequence, adjusted net income (loss) increased for the full year of 2020 from US$ 184 million in 2019 to US$ 215 million. In the fourth quarter, on the other hand, it decreased 77.52 per cent over the quarter and14.04 per cent on the year.

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Alcoa’s adjusted EBITDA excluding special items in 2020 stood at US$ 1,151 million, down by 30.50 per cent from US$ 1,656 million in a year ago. In the fourth quarter of the year, it increased by 27.11 per cent quarter-on-quarter from US$ 284 million to US$ 361 million; while over the year, it grew by 4.34 per cent.

Alco produced 2,263 thousand tonnes of primary aluminium in 2020, which registered an increase of 5.60 per cent year-on-year from 2,135 thousand tonnes. The output in Q4 remained flat at 559,000 tonnes compared to the previous quarter but up by 4.49 per cent from 535,000 tonnes in Q4 2019.

Third-party aluminium shipment in 2020 edged higher from 2,859 thousand tonnes in 2019 to 3,016 thousand tonnes, an increase of 5.49 per cent. In Q4, shipment increased by 2.37 per cent year-on-year from 718,000 tonnes to 735,000 tonnes but slipped quarter-on-quarter by 4.17 per cent from 767,000 tonnes.

In the report, Alcoa mentioned primary aluminium consumption to increase in both China and ex-China in 2021 with the recovery from the pandemic and the impact of additional stimulus measures. As supply growth is projected to be lower than demand growth, the global primary aluminum market is anticipated to be closer to balance in 2021.

The company projects aluminium segment to ship between 2.7 and 2.8 million metric tonnes, a decrease from 2020 related to the changes in the portfolio but well positioned to benefit from the recovery in value-add products.

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