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.

03 DECEMBER 2020 AL CIRCLE

Demand and supply of non-ferrous metals including aluminium to rebound in China despite the COVID-19 pandemic: Andy Home

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

Despite the ongoing COVID19 pandemic and possible aftermath, the metals market in China is recovering, especially in the scrap sector, pointed out commodities veteran Andy Home. On Thursday at the Shanghai Metals Market’s 2020 Nonferrous Metals Industry Chain Annual Conference, Andy Home stated, “The ongoing COVID-19 crisis has strong echoes of the Global Financial Crisis. China is once again recovering faster than the rest of the world, importing large amounts of aluminium and copper and lifting metal prices.”

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Mr Home also pointed out that despite being the first country affected by the COVID-19 pandemic, China is the first country to have brought the situation under control and now taking the lead in the world’s economic recovery.

“Recovery from the Global Financial Crisis was fast in China but slow and painful in the rest of the world. Similarly, recovery from the COVID-19 Crisis will also be fast in China but slow in the rest of the world,” Andy Home added.

He noted that 2020 was a crisis so far for both the demand and supply of the metals, particularly in the recyclable metals chain. But going green in the end-user sector is likely to fuel the demand for lightweight metal like aluminium. Already, the world’s “Big Three” (China, US, and the EU) are increasingly aligning in their climate action targets and committing to carbon neutrality.

This is expected to result in a hike in production as well. According to a recent report from the World Bank, aluminium production is likely to increase from 60 million tonnes per year to 105 million tonnes per year by 2050.

While giving insights on the ongoing green movement in the metals industry, Andy Home said countries like Germany and France are providing subsidies on electric vehicles. France has aimed at becoming Europe’s top producer of clean vehicles by increasing output to more than one million electric and hybrid cars per year in the next five years. China aims to become carbon neutral by 2060.

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