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.

06 OCTOBER 2023 AL CIRCLE

EU and US pursue interim agreement on aluminium and steel to prevent the resurgence of Trump tariffs underlining commitment to trade stability

EDITED BY : RUPANKAR MAJUMDER 1MINS READ

European Union and U.S. leaders are actively working towards unveiling an interim agreement during the upcoming summit scheduled for October 20th. This agreement aims to prevent the reintroduction of trade tariffs on steel and aluminium, imposed initially during the Donald Trump administration.

EU and US pursue interim agreement on aluminium and steel to prevent the resurgence of Trump tariffs

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According to a recent report by Bloomberg News, this collaborative effort signifies a significant step forward in averting potential disruptions to transatlantic commerce. The negotiations represent a crucial element of diplomacy between these two economic powerhouses as they strive to foster stronger trade relations while mitigating any potential trade disputes that may arise. The forthcoming summit serves as a pivotal moment for both parties to solidify their commitment to fair and balanced trade practices and address any outstanding concerns in the steel and aluminium trade realm.

Officials from the White House and the European Commission are currently in discussions to reach a provisional political agreement. This agreement would encompass the core components of the Global Arrangement for Sustainable Steel and Aluminium, a negotiation between the EU and the US that has been ongoing since 2021. These key elements involve addressing non-market excess capacity and reducing carbon emissions. This information is based on sources familiar with the ongoing negotiations.

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