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.

07 FEBRUARY 2019 AL CIRCLE

Hydro’s EBIT for primary aluminium down on higher alumina and carbon costs in Q4 2018

EDITED BY : HEENA IQBAL 2MINS READ

Hydro’s underlying EBIT for Primary Metal declined from NOK 1,377 million in Q4 2017 to a loss of NOK 677 million in Q4 2018. This was mainly due to higher alumina and carbon costs, as well as lower sales volumes. Underlying EBIT for Metal Markets improved from NOK 185 million in 2017 to NOK 275 million in 2018, mainly due to increased results from the remelters and positive contributions from currency and inventory valuation effects, partly offset by lower results within sourcing and trading activities.

{alcircleadd}

“For 2019, we expect the global primary aluminium market to be in deficit, although increasing macro uncertainty could lead to softening demand growth,” President and CEO Svein Richard Brandtzæg said.

Underlying EBIT for Rolled Products decreased from NOK 95 million in 2017 to a loss of NOK 113 million in 2018. Improved performance from Automotive line 3 and positive currency effects were more than offset by lower sales volumes and margins in addition to increased personnel, energy and maintenance costs.

Underlying EBIT for Extruded Solutions stood at NOK 202 million, compared to NOK 284 million in Q4 2017. The positive effect of higher margins was offset by increased production costs in connection with the ramp-up of new product lines in Europe and negative effects from a lower Midwest Premium and section 232 tariffs in North America. Additional costs due to the integration and restructuring of the two recently acquired extrusion plants in Brazil also had a negative effect on the quarter.

“Even though 2018 has been a challenging year for Hydro, we have also taken several significant steps to strengthen our future competitiveness, including the integration of the Extruded Solutions business area, reaching full production at the Karmøy technology pilot, securing our future power sourcing needs in Norway and improving the performance at our new automotive line in Germany,” President and CEO Svein Richard Brandtzæg said.

Hydro's net debt position increased from NOK 6.5 billion to NOK 8.7 billion at the end of the fourth quarter. Net cash provided by operating activities amounted to NOK 0.9 billion.

The company’s primary aluminium production in Q4 2018 was at 490,000 tonnes compared to 528,000 tonnes in Q4 2017. Total aluminium production was at 1.99 million tonnes in 2018.

Tagged with: