Calculate Embedded Emissions for Unwrought Aluminium (HS7601)

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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.

28 MARCH 2018 AL CIRCLE

Israeli Government asks for a relief from aluminium and steel tariffs

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

Yet another country asks for a relief from the US's high customs duties on imported aluminium and steel. The Israeli government is pressing the United States of America to exempt it from the tariffs as they are affecting the small businesses.

As reported by “Globes”, Israel’s Ministry of Economy and Industry Foreign Trade Administration has already corresponded with the International Trade Administration in the US Department of Commerce seeking an exemption from the restrictions on aluminium and steel exports to the US.

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Israel’s official has put up a reason for the request that its metal exports to the US are too marginal (a total of US$25 million a year) to pose any kind of threat to the US economy. At the same time, limiting aluminium and steel exports from Israel to the US by imposing heavy tariffs could affect its small and medium-sized businesses.

Referring to this, the Metal Industries Association of Israel has further presented the country’s metal exports data to the US which shows that its total aluminium and steel exports to the US market were a total of US$3 to US$4 million and US$21 million respectively in the past year.

"The quantity of exports is purely marginal, and poses no threat to the US market, but stopping it will deal a hard blow to dozens of Israeli companies. The US should exempt us from this measure in the name of friendship between the two countries and our common interests," a senior Manufacturers Association source said.

Although the US has exempted a few countries including the European Union from the very recently-enacted tariffs, Israel opines that “it is reasonable to assume that the US administration has a special interest in exempting each one of these countries from the customs duties reform at this stage. At least until early May, he will try to get something in exchange from each one of them”, reported by an anonymous industrial source who spoke to Israeli media on this issue.