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.

14 AUGUST 2023 AL CIRCLE

India’s Navratna firm NALCO posts a 40% fall in profit for Q1 FY2024, holding limped LME prices responsible

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

National Aluminium Company Limited (NALCO), a Schedule ‘A’ Navratna CPSE, reported last week that its quarterly profit for Q1 FY2023-24 recorded a 40 per cent fall, attributed to sluggish global aluminium prices and mediocre demand. NALCO said that it earned a consolidated profit of INR 3.34 billion ($40.34 million) in the first quarter ended June 30, 2023, compared to INR 5.58 billion during the corresponding period of the last year.

India’s Navatna firm NALCO posts a 40% fall in profit for Q1 FY2024, holding limped LME prices responsible

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NALCO’s revenue from the aluminium business registered a decline of 18 per cent and that from chemicals division dropped by 2.7 per cent. As per the report, NALCO’s overall revenue posted a fall of 16 per cent year-on-year.

NALCO also highlighted that its revenue from operations dwindled by 16.26 per cent year-on-year from INR 37.95 billion to INR 31.78 billion.

According to market analysts, poor supply-chain and ongoing disparity between China and India’s of HRC-grade aluminium prices resulted in depressed prices, which eventually led to NALCO’s lower revenue and profit.

On the other hand, the LME aluminium benchmark price edged a year-on-year fall of 40 per cent through the June quarter, contributing to NALCO’s shrunken profit.

NALCO expenses in Q1 also dropped by 10 per cent Y-o-Y, thanks to power and fuel cost curb.

Last week, Hindalco Industries Ltd. also published its first quarter report, highlighting a net profit INR 2,454 crore, also down by 40 per cent from INR 4,119 crore. Consolidated EBITDA also decreased over the year by 29.3 per cent from INR 8,640 crore to INR 6,109 crore.

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