【SMM Aluminum Flash News】European Aluminium Warns Scope 2 Inclusion in CBAM Could Hurt EU Smelters

Published: Nov 04, 2026 12:04 (GMT+8)

The EU Carbon Border Adjustment Mechanism entered its definitive phase on January 1, 2026, while European Aluminium has raised concerns over the potential inclusion of indirect Scope 2 emissions. Director General Paul Voss warned that European smelters already bear carbon-related costs through electricity prices, and differences in emissions accounting for imported aluminum could further weaken the competitiveness of EU producers.

The association also called for a unified default emissions value for unwrought aluminum produced using pre-consumer or post-consumer scrap, while opposing additional green investment conditions tied to ETS financial support. Meanwhile, Fastmarkets assessed the European low-carbon P1020A aluminum premium at $15–30/mt on October 2, up from $10–25/mt on August 7, although downstream buyers remain reluctant to pay higher premiums for low-carbon metal.

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