The Italian steel industry has called for sweeping regulatory changes, with Federacciai President Antonio Gozzi urging the European Union to revise its Emissions Trading System (ETS) and adopt a more cohesive industrial strategy.
Speaking on April 9 at Italy’s Ministry of Enterprises and Made in Italy, Gozzi stressed that current proposals to adjust ETS allowances are insufficient, calling instead for structural reforms to the system.
Key recommendations include:
- Revising country benchmarks
- Changing the allocation algorithm for emissions allowances
- Eliminating financial intermediation within the ETS framework
Gozzi warned that the existing regulatory structure remains fragmented and ineffective in addressing the steel sector’s ongoing challenges, particularly in terms of competitiveness and energy costs.
Energy policy was highlighted as a critical issue, with Gozzi noting that current regulations limit the ability to secure efficient energy agreements, including for nuclear energy, which is still classified as conventional.
He also emphasized the importance of ferrous scrap as a strategic raw material, calling for stronger measures to protect its availability within the European market.
Despite challenges, Gozzi underscored that Italy remains Europe’s leading producer of green steel, reinforcing the need for policies that support sustainable production.
Overall, he called for decisive EU-level action to create a fairer, more effective regulatory system aligned with industrial realities, warning that current measures remain insufficient to ensure long-term competitiveness.
VietnamSteel by Hoa Sen Group
