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.

08 MARCH 2021 AL CIRCLE

China Hongqiao reports record annual profit in 2020; aluminium output slightly declines

EDITED BY : HEENA IQBAL 1MINS READ

China Hongqiao Group reported record annual profits in 2020 on higher aluminium prices. The profit jumped 72.2% last year. Annual net income stood at 10.5 billion yuan ($1.62 billion) last year, according to Reuters report. Revenues came in at 86.14 billion yuan, an increase of 2.3% year-on-year

"The trend of tight supply will be maintained in the short term, and the market expects that the increase in demand for aluminium products will drive a further rise in aluminium prices," Hongqiao said.

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aluminium

The output of aluminium alloy products was 5.622 million tonnes in 2020, representing a drop of 0.4% from 2019. That also marked the third straight annual decline.

The Group closed some of its Shandong smelting facilities and transferred capacity to Yunnan province in 2020.

China Hongqiao Group also reported alumina sales of 6.734 million tonnes last year, up 27.6% year-on-year.