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.

19 MAY 2018 AL CIRCLE

Turkey to take countermeasures on US for non-exemption from aluminium and steel tariffs

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

Following Japan, Turkey has also decided to slap the United States with retaliatory tariffs on imported products worth US$1.8 billion, state-run Anadolu Agency reported on Friday, May 18, 2018.

{alcircleadd}

Turkey had expected a positive response from the US in regards to aluminium and steel tariffs exemptions when Nihat Zeybekci, economy minister of Turkey, had written a letter to US commerce secretary Wilbur Ross to convey the country’s exemption demand early last month. But unfortunately, Turkey failed to secure the relief from the tariffs and thus, decides to counterattack the US with heavy duties.

The report adds the tariffs worth US$1.8 billion will be applied on certain imported products from the US, including coal, paper, walnuts, almonds, tobacco, unprocessed rice, automobiles, machinery and equipment and much more.

According to the ministry, Turkey’s measures are in line with the losses caused by hurdles to its metal exports to the US. Ministry believes that these countermeasures will bring around 266.5 million dollars in tariffs.

Being the sixth largest steel exporter to the US that accounts for approximately US$13.8 billion, Turkey was shocked to know about its non-exemption from US’s imported metal tariffs. Earlier, apart from Nihat Zeybekci, Turkey’s Deputy Prime Minister Mehmet Simsek had also met with US Treasury Secretary Steven Mnuchin in Washington and discussed the issue.

Tagged with: