Steel industry: Federacciai, with energy costs at risk of production continuity
In light of the extremely serious situation related to electricity and gas prices, which is affecting Italian energy-intensive industries and, in particular, the steel sector,...
Italy's steel industry association, Federacciai, has expressed concern over the rising energy costs and their impact on the sector. The association warns that the situation may worsen in the coming months, posing a risk to production continuity and potentially leading to plant shutdowns. Federacciai is calling for a temporary suspension of the EU's Emissions Trading System (Ets) for power plants fueled by gas during the energy emergency and for the Italian government to confirm measures that help mitigate the impact of high energy costs on energy-intensive industries.
Despite existing support measures, Italian energy-intensive companies continue to face significantly higher electricity costs compared to their European competitors.
Written by urgent.news from Il Sole 24 Ore's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
