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.

27 AUGUST 2018 AL CIRCLE

China Hongqiao’s net profit rose 21% in H1 2018

EDITED BY : HEENA IQBAL 1MINS READ

The world's biggest aluminium producer China Hongqiao Group announced its results for the first half of 2018. Despite lower revenues, the company reportedly witnessed a surge by 21 per cent in its net profit.

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In a filing to the Hong Kong stock exchange, the company reported net income of RMB 1.8 billion ($262 million) in the first six months of this year, from RMB 1.49 billion in the previous year. Hongqiao’s revenue dropped on lower aluminium production volumes. The company reported revenue of RMB44.3 billion, down 6 percent from the first half of 2017, Reuters reported.

Hongqiao produced 3.187 million tonnes of aluminium alloy products in the first half, down 20.2 per cent year-on-year. Alumina sales increased to RMB4.77 billion in the first six months of 2018, from RMB 970.9 million in the first six months of 2017.

According to a draft plan from the Ministry of Ecology and Environment, smelters in northern Chinese cities, including Hongqiao’s base of Binzhou in Shandong province, need to cut aluminium production by 30 per cent from November during heating season.

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