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.

17 OCTOBER 2021 AL CIRCLE

Aluminium extruder China Zhongwang reports financial distress at Hong Kong bourse

EDITED BY : RUPANKAR MAJUMDER 2MINS READ

On 15^th October, the aluminium products producer China Zhongwang Holdings Co. stated that it had been alerted of acute distress at two subsidiary companies following the Chinese prices for the silvery shining metal attained a 15-year record high.

China Zhongwang reveals financial distress at Hong Kong bourse

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Liaoyang Zhongwang Superior Aluminium Fabrication Co and Liaoning Zhongwang Group Co are countering trouble owing to substantial losses and business oppression, as per the statement Zhongwang delivered to the Hong Kong stock exchange, without any further clarification.

The world second-largest and Asia’s biggest producer of aluminium extrusions are broadly consumed in multiple sectors like transport, construction and electronics industries.

Zhongwang is the world's second-biggest manufacturer of aluminium extrusions widely used in the transport, construction and electronics industries. As the group has sold its smelting unit, so it requires purchasing aluminium ingots in order to manufacture products.

On 15^th October 2021, aluminium prices on the SHFE escalated as much as 3.9% in night trading to RMB 24,700 ($3,834) a tonne, the sky-high since May 2006, as restraints on energy usage by smelters mislay the market dreaded a supply shortage.

In April, Zhongwang said in its 2020 annual report: “The Company had not entered into any aluminium ingot forward contracts to hedge against aluminium ingot price fluctuation risk."

Moreover, the aluminium extruder Zhongwang, which is headquartered with its vital production base is in the city of Liaoyang, the northeastern province of Liaoning, one of the Chinese regions hardest hit by widespread power crisis that have cramped industrial production.

Zhongwang further said: “The subsidiaries are unable to overcome the difficulties on their own notwithstanding many efforts made and are engaged in active communications with relevant parties in a bid to help ensure smooth and orderly operations.”

Since 30^th August, the stock trading of Zhongwang has been on suspension due to the pending publication of the metal company’s financial results for H1 2021.

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