Italian Steelmaker Seeks $8.17 Billion in Damages From ArcelorMittal, Financial Times Says

Dow Jones01-13

-- Italian state-appointed administrators of Acciaierie d'Italia's steelworks have sued former owner ArcelorMittal for 7 billion euros ($8.17 billion) in damages, the Financial Times said on Monday.

-- Acciaierie d'Italia is seeking compensation for what it alleges was ArcelorMittal's mismanagement of the steelworks, formerly known as Ilva, the FT said, citing a complaint filed with a Milan court this month.

-- The Luxembourg-based group didn't immediately respond to a request for comment to FT, while Acciaierie d'Italia declined to comment.

Full story: https://shorturl.at/NEgDq

Write to Nina Kienle at nina.kienle@wsj.com

(END) Dow Jones Newswires

January 13, 2026 07:16 ET (12:16 GMT)

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