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.

01 NOVEMBER 2023 AL CIRCLE

Chinese aluminium companies post revenue drop for Q3 2023 on impaired sales prices for demand deficit

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

On the eve of October 27, a few leading Chinese aluminium companies announced their third-quarter results, revealing a year-on-year drop in revenues and net profits. For instance, Shandong Nanshan Aluminium earned RMB 21.69 billion in revenue in the first three quarters of 2023, down by 18.24 per cent annually. The net profit attributable to shareholders of listed companies was also 24.81 per cent less year-on-year to RMB 2.142 billion. The basic earnings per share during the said period was RMB 0.18, reflecting a Y-o-Y decrease of 25 per cent.

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Shandong Nanshan Aluminium is principally engaged in the manufacture and distribution of alumina powder, electrolytic aluminium, alloy ingots, aluminium profiles, hot-rolled products, cold-rolled products, and aluminium foils.

Jiangsu Lidao New Materials Co., Ltd. disclosed that its revenue in the first three quarters of 2023 was about RMB 1.144 billion, down by 5.86 per cent year-on-year. The net profit was RMB 55.99 million – 32.39 per cent less than a year ago.

Furong Technology released a net profit of RMB 84 million for Q3 2023, down by 3.36 per cent year-on-year, despite achieving 7.29 per cent higher business of RMB 552.92 million.

The company’s operating income in the first three quarters amounted to RMB 1.4 billion, marking a downfall of 14.41 per cent Y-o-Y. The net profit in nine months was RMB 245 million – 25.1 per cent less over a year.

Yiqiu Resources, mainly engaged in aluminium alloy ingot business and scrap trade business, disclosed a net profit of RMB 17.67 million for the third quarter, which was down by 9.49 per cent year-on-year.

In the first three quarters, the company achieved a total operating income of RMB 5.14 billion, down by 12.17 per cent Y-o-Y. Net profit totalled RMB 124 million, marking a year-on-year plunge of 57.25 per cent.

The unanimous downfall in Chinese aluminium companies’ revenues and profits could be attributed to the influence of macroeconomic factors and weak downstream demand during the reported period. Due to decreased demand for aluminium products, sales prices fell, weighing on companies’ profits.

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