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.

12 NOVEMBER 2022 AL CIRCLE

Russian metal will not be barred from trading, reports LME

EDITED BY : RUPANKAR MAJUMDER 2MINS READ

On November 11, 2022, the London Metal Exchange (LME), one of the world's largest commodities exchanges, announced that it would not bar Russian metal from being traded and stored in its system due a vital segment of the market is still planning to procure Russian metal in 2023.

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Russia is one of the world's largest producers of aluminium and nickel. Sanctions imposed on some Russian companies following the Russia-Ukraine geopolitical crisis have not targeted these metals or the companies that produce them.

However, in October 2022, the world's oldest and largest market for industrial metals exchange floated a discussion paper on the topic, seeking a market opinion on the possibility of prohibiting Russian metal.

LME stated, "The LME does not propose at this time to prohibit the warranting of new Russian metal nor to impose thresholds or limits to the amount of Russian stock permitted in LME warehouses."

"While there is an ethical dimension regarding the global acceptability of Russian metal, the LME should not seek to take or impose any moral judgements on the broader market.”

The metal exchange further added, "We will continue monitoring Russian metal flow in LME warehouses. To provide transparency, it will publish regular reports from January 2023 detailing the percentage of warranted Russian metal in LME warehouses."

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