SMM adjusts European aluminium ingot premiums to include CBAM costs from 09 Jan 2026 – 10 January 2026
Shanghai Metals Market announced that European Rotterdam P1020A aluminium ingot premiums (duty-paid) will now formally include EU Carbon Border Adjustment Mechanism (CBAM) carbon tariff costs, reflecting actual post-CBAM trade conditions. This change became effective on 9 January 2026.
Summary :
In accordance with the relevant policy requirements of the European Union’s Carbon Border Adjustment Mechanism (CBAM), which officially entered its charging phase on January 1, 2026, with aluminum products included in the first batch of covered goods, SMM has decided to adjust the premium price for European Rotterdam P1020A aluminum ingot, duty-paid.
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