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.

11 AUGUST 2018 AL CIRCLE

Trump confirms double tariffs on aluminium and steel from Turkey

EDITED BY : BEETHIKA BISWAS 2MINS READ

On Friday, August 11, President Trump ordered doubling of U.S. tariffs on imported aluminium and steel from Turkey. The decision indicated the growing diplomatic spat with a NATO ally. In his Tweet, Trump justified increasing tariffs to 50 per cent on steel and 20 per cent on aluminium imported from Turkey by citing the decline in Turkish currency.

"Our relations with Turkey are not good at this time!" Trump’s tweet said.

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The U.S. sanctioned Turkey's justice and interior ministers were to protest what the administration calls the "unfair and unjust detention" of an American pastor.

While increased tariffs send a diplomatic signal, they are not likely to have a major economic effect in the U.S.

According to the Peterson Institute for International Economics, Turkey supplied 4.2 per cent of America's imported steel and less than 1 per cent of imported aluminium in 2017. This shows it won’t have a significant effect on the US. However, it could be a significant diplomatic gesture and an injury on the export economy of the NATO ally.

The Turkish lira is on a record low level against the US dollar on Friday. The fall was driven by the economic policies of President Recep Tayyip Erdogan and the growing diplomatic row with the U.S.