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The Italian newspaper Assofermet criticizes the EC for the "incomprehensible and unjustified" delay in the publication of protective quotas for a particular country.

The Italian newspaper Assofermet criticizes the EC for the "incomprehensible and unjustified" delay in the publication of protective quotas for a particular country.
Assofermet, the Italian association representing the trade, distribution and processing of steel products, issued a press release today, June 26, in which it calls on the European Commission to "proceed with the adoption of country-specific quotas" of the new protective regulation, "putting an end to a situation that threatens the normal functioning of supply chains and competitiveness." European industry".

A few days before the introduction of the new protective measure

"This is an extremely serious omission that creates an atmosphere of complete uncertainty for market participants, and is also a source of inevitable new difficulties in managing and executing contracts at the international level and at the customs clearance stage," Assofermet said, calling the delay "incomprehensible and unjustified."

In this scenario, companies operating in the steel sector, including importers, distributors, and end users, are forced to plan their operations in conditions of complete uncertainty, unaware of the working methods that will be implemented after the new rules come into force on July 1.

Another problem mentioned by Assofermet concerns the issues that this situation raises regarding customs obligations and the timing of operators' adaptation to the new regulation.

The association's position is firm, defining the EU Commission's conduct as "incompatible with the principles of legal certainty, administrative transparency, and protection of companies' legitimate expectations of institutions."

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