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.

17 JANUARY 2017 AL CIRCLE

Import of primary aluminium in South Korea is on a rise in last three years

EDITED BY : BEETHIKA BISWAS 2MINS READ

South Korea is today one of the key aluminium markets in Asia with consumption of 21,5 kg per capita compared to 15+kg per capita for developed countries, mostly driven by growing end user demand in the automotive, construction and electronics and communication sector. Studies indicate that the industrial production in South Korea will grow by 5.9% per year until 2025, driving the growth of aluminium consumption in the country.

As one of the world's fastest growing exporters of industrial products, South Korea imports significant amount of primary aluminium ingots to supply their local demand and export the processed aluminium products globally. Let us analyse the trading patterns for primary aluminium in South Korea to understand the market demand and consumption trends.

News
South Korea has been following an upward pattern for primary aluminium import. In the year 2014, imports of aluminium stood at about 1.4 million tons. The volume increased slightly to 1.5 million tons in 2015. In 2016, the aluminium import is estimated to stand at about 1.6 million tons. The constant rise in import is driven by growing domestic aluminium consumption to manufacture value added aluminium products in the country. For the first eight months of 2017, the import of aluminium by South Korea is estimated to be about 1 million tons.

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News The cost from import was US$ 3.3 billion and US$ 3 billion respectively for the years 2014 and 2015. The drop in value can be attributed to an oversupply of aluminium in the international markets and the drop in aluminium price and premiums in 2015. In 2016, the cost of import is estimated to be about US$ 4.9 billion. For the first eight months of 2017, the cost of import of aluminium by South Korea is estimated to be about US$ 4 billion tons.

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The imports are mainly driven by Australia, India and Russia. UAE and Saudi Arabia also supply a significant amount of aluminium to South Korea. China notably contributes a very small amount of the total primary aluminium import by South Korea.