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.

24 SEPTEMBER 2020 AL CIRCLE

European aluminium scrap buyers face hurdles as demand increases but not supply after months-long lockdown restrictions

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

European aluminium scrap prices have started rising in recent weeks as demand is increasing in the market tightened by limited supply due to the lack of fresh scrap generation over months of COVID-19 lockdown restrictions. Usage of scrap also fell but not as much as the generation of new scrap, as some manufacturers tried to maintain operations using raw material stocks in the initial phase of the pandemic.

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"There was no fresh generation of scrap for three to four months, but people continued to sell, export and use scrap material in that time," one alloy producer said.

Demand for alloy and scrap is now growing as more and more manufacturers are recommencing their operations after lockdown restrictions across Europe, particularly from the crucial automotive industry.

The United Kingdom automobile sector rebounded in July with registrations growing by 11.3 per cent year-on-year to 174,885 as special offers incentivised customers to purchase.

According to a secondary alloy producer, major automobile or automobile component manufacturers are going back to full production. Some are even hoping to hit their annual targets at the end of the year.

This demand recovery is improving alloy price on one hand, while on the other, resulting in a need for fresh scrap, which at the moment has a tight supply due to months-long lockdown restrictions.

The weekly Argus assessment for DIN 226 die casting alloy delivered to consumer works in Europe reached €1,350-1,400 per tonne last week, from lows of €1,200-1,280 per tonne in mid-July, while the assessment for UK LM 24 alloy delivered to consumer works reached £1,250-1,300 per tonne from £1,000-1,100 per tonne over the same period.

But there is less uncertainty over the robustness of higher demand. Last month, automotive sales dipped in Europe, including car registrations in the UK dropped by 5.8 per cent over the year.

Note to readers: AlCircle brings two-day event for aluminium industry players. We look forward to meeting you virtually at “Global Aluminium Expo 2020”on October 6-7, 2020. For registration, visit www.alcircleevents.com

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