Assofermet, the Italian association for steel and metals trade, has issued a warning that new EU measures, including the CBAM implementation and potential safeguard measure extensions, could push the supply chain toward crisis.
Key concerns include:
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Regulatory uncertainty and unclear future cost structure.
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Greater financial exposure for operators unable to plan budgets.
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Low domestic demand, risking loss of competitiveness.
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Increased competition from non-EU producers not subject to these rules.
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Possible extension of safeguards to aluminum, worsening the situation.
Assofermet urged the EU to reconsider the measures and find a balance between sustainability and competitiveness.
VietnamSteel by Hoa Sen Group
