The Italian steel industry is currently grappling with significant challenges due to the high cost of energy and a shortage of scrap materials. The national steel producers association, Federacciai, has highlighted that the competitiveness of local steelmakers is being undermined by these factors.
Italy's energy costs are among the highest in Europe, and the EU Emissions Trading System (ETS) compensation budget for the country is lower compared to other EU nations. These issues have been brought to the forefront by Federacciai, emphasizing the need for urgent action to address the competitive disadvantages faced by Italian steel producers.