Assofermet calls for transitional measures under CBAM

Italy’s Assofermet, representing distributors of scrap, raw materials, and steel products, is calling for transitional measures under CBAM.

The association has submitted its proposals to the Italian Ministry of Enterprise and Production (MIMIT).

Assofermet requests that steel imports cleared through customs from January 1, 2026, be exempted from the obligation to purchase CBAM certificates, which will come into force on February 1, 2027, until the publication of benchmarks (default values).

The letter states that imports cleared through customs within five months of the publication of the benchmarks also require a similar exemption.

«At present, the final parameters are not yet available and are not expected to be published in the Official Journal of the EU until 2026. This information gap creates deep uncertainty about the real cost of CBAM, forcing importers to place orders “blindly” to avoid stock shortages and ensure continuity of supply to their customers (end users),» Assofermet said in a statement.

The association stressed that failure to implement these measures would pose serious risks to the economic stability of importers and their customers, as well as to the continuity of the EU production cycle, which could face potential disruptions in the event of a raw material shortage.

Assofermet believes that the corrective measures they propose are time-limited and acceptable. They do not affect the entry into force of the CBAM and are aimed solely at ensuring the fair and sustainable application of the mechanism in its initial phase.

At the end of September this year, the Eurometal association called on European Commissioner for Trade Maroš Šefčovič to immediately clarify the rules of the Cross-Border Carbon Adjustment Mechanism (CBAM).

According to the association’s statement, it is unlikely that emission benchmarks, default values, and methodologies will be published before early 2026. This leaves buyers negotiating contracts for 2025/2026 without a legal basis.

  • Global Market

Apparent steel consumption in the EU could rise by 0.4% y/y in 2026 – EUROFER

The European Steel Association (EUROFER) forecasts that apparent steel consumption in the EU will continue…

Thursday June 25, 2026
  • Global Market

The UK has published details of new protective measures concerning steel

On 25 June, the UK government announced details of new safeguard measures on steel. From…

Thursday June 25, 2026
  • Global Market

The US reduced imports of rolled steel by 26.8% y/y in January–May

In January–May 2026, the US imported 6.7 million short tonnes of rolled steel, a year-on-year…

Thursday June 25, 2026
  • Companies

Třinecké železárny produced 2.4 million tonnes of steel in 2025

The Czech steelmaker Třinecké železárny produced 2.42 million tonnes of steel in 2025 – a…

Thursday June 25, 2026
  • Companies

Stegra has closed a $1.6 billion funding round

The Swedish company Stegra has announced the completion of a €1.4 billion ($1.6 billion) funding…

Thursday June 25, 2026
  • Global Market

China’s stainless steel exports fell by 30.8% y/y in January–May

In the first five months of 2026, stainless steel imports into China totalled 634.8 thousand…

Thursday June 25, 2026