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.

21 DECEMBER 2023 AL CIRCLE

Indian ADC12 aluminium alloy price augments due to heightening raw material rates

EDITED BY : MAYURAKSHI GANGULY 2MINS READ

Aluminium ADC12 alloy ingot automobile spot prices in India rose by INR 2,000 per tonne to INR 183,000 per tonne, tracking higher Tense scrap prices by INR 1,000 per tonne to INR 154,000 per tonne exy Delhi, excluding GST, w-o-w, as per SteelMint's assessment.

{alcircleadd}

This is due to the limited availability of recyclable material, resulting in matching minimum spreads. The three-month futures for aluminium currently hover at $2,260 per tonne, reflecting a weekly increase of approximately $100-120 per tonne.

However, the difference between Tense and ADC12 is around INR 29,000-30,000 per tonne. The Tense scrap prices in India have witnessed an uptrend in prices by INR 1,000 per tonne and are at INR 154,000 per tonne exy Delhi. Imported Tense scrap prices from the Middle East region, particularly from the UAE, rose by $35 per tonne, and current offers heard were around $1,610-1,620 per tonne till the second half today.

The current bids for ADC12 from usual destinations like East Asia are being marked at $2,240-2,260 per tonne on a CIF basis, which is not viable per the current market dynamics as domestic prices are being traded with immediate payment terms.

A leading automobile manufacturer in India has declared a monthly settlement price of INR 191,000 per tonne for ADC12 for January 2024, reflecting a m-o-m increase of INR 2,000 per tonne, thereby influencing local prices.

A fellow trader narrated: "One of the largest manufacturers of South Korea has increased its quarterly premium for next quarter by $25-30/t to roughly $2,435-2,440/t.” But this data is yet to be confirmed by authoritative sources.

According to sources, SteelMint learned that the observed local price for Tense in Chennai is approximately INR 155,000-156,000 per tonne, while ADC12 is reported to be at INR 184,000 per tonne, exw and excluding GST. Near-term prices may see some rebound levels in the alloy ingot post automobile companies' scheduled maintenance along with a tight raw material supply from the Western region due to the Christmas celebrations.

sourced via the content exchange agreement with SteelMint

Tagged with: