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.

25 NOVEMBER 2016 AL CIRCLE

Demonization might affect aluminium scrap trade in India: MD Hindalco Industries

EDITED BY : DIPANWITA GUPTA 2MINS READ

The demonetisation of INR500 and INR1000 currency notes announced by the Government of India on 8 November 2016, which put an end to the usage of all INR500 and INR1000 banknotes as a form of legal tender from 9 November 2016, had a limited effect on the business of big aluminium players in the country. For example, trucks carrying finished goods were affected for the first couple of days. But since most aluminium producers work with fairly large contractors and they have their raw materials procured mostly via railways, things never really got out of their hands.

"I do not see any disruption. Moreover, the largest part of our shipments happens after November 15, by when the transport issues will smoothen out," said Hindalco Industries managing director Satish Pai.

The company with operating profits more than double in the September quarter, is set to churn good margins in the coming quarters as it aluminium premiums move up. Hindalco is further looking to raise INR 5,000 crore to deleverage the balance sheet.

News
When asked about the effect of demonetization on domestic aluminium industry, Mr. pai said, "There is a lot of aluminium scrap that is coming to India in huge quantities of about 860,000 tonnes. Small aluminium players, especially the scrap importers, might get affected as they deal in cash trade. But, it is too early to say anything. We need to wait and watch."

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Hindalco is the world's largest aluminium rolling company and among the biggest producers of primary aluminium in Asia. The company started the country's first aluminium scrap recycling facility at Taloja in 1996. The plant currently has a production capacity of 20,000 tonnes of recycled metal from aluminium scrap.

Hindalco is now aiming at deleveraging the company. "We are making all efforts to bring down the Debt:Ebitda (earnings before interest, taxes, depreciation and amortisation) ratio. Secondly, we plan to invest in downstream facilities, which are less capital-intensive," said Mr. Pai. Accordingly, the fund usage is likely going to be a mix of both.