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.

08 DECEMBER 2021 AL CIRCLE

South Korea’s antitrust regulator decides to impose 20.7 billion won fines on 8 aluminium makers for price fixing

EDITED BY : DEBANJALI SENGUPTA 1MINS READ

On Wednesday, December 8, South Korea’s antitrust regulator said a decision is taken to impose a combined 20.7 billion won ($17.6 million) in fines on eight aluminium alloy makers for plotting to fix bidding prices.

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Altechno Metal, specialised in producing aluminium ingot, rolling and drawing, along with seven other firms colluded to fix their quotations between 2011 and 2021 for bids on aluminium alloy products by the country’s largest carmaker Hyundai Motor Co. and its affiliate Kia Corp., according to the Fair Trade Commission (FTC).

Prior to the bidding, the companies colluded to divide the total volume of orders by Hyundai Motor into similar amounts and fix the bidding prices in accordance with pre-set amounts. This helped them bag certain amounts of orders every year since 2011 at relatively high bidding prices, the regulator said.

Along with the fine, the Fair Trade Commission also ordered the companies to take corrective steps.

World Recycled Aluminium Market Analysis

South Korea’s antitrust regulator also said that its discussed with Hyundai Motor and Kia Corp. ways to improve bidding system, which two carmakers will implement next year to prevent bidders from making price collusion.

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