Marcegaglia leaves Federacciai over clash of views on trade defense

Italian re-roller Marcegaglia terminated its membership of national steel association Federacciai on July 5, the company announced on Tuesday July 10.

“I note with regret that, in recent discussions on fundamental issues of international trade, from dumping to the operating procedures for the application of the safeguard clause, Federacciai has decisively confirmed itself to be ‘the association of producers’,” the company’s chairman and chief executive officer, Antonio Marcegaglia, said.
The federation also paid no heed to the problems faced by re-rollers and coil-processing operations, he added, although “these represent a very important component of the Italian steel industry.”

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Published

Maria Tanatar

July 10, 2018

17:12 GMT

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