ArcelorMittal faces €7 billion lawsuit from Italian steel unit

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Statement re Acciaierie d'Italia

January 29, 2026 8:11 AM EST

29 January 2026, 14:00 CET

ArcelorMittal S.A. (ArcelorMittal) confirms it has today been served by the Extraordinary Commissioners of Acciaierie d'Italia S.p.A. in Extraordinary Administration (ADI) - the company operating the Italian steel plants owned and formerly managed by Ilva S.p.A. in Extraordinary Administration (Ilva) - with a writ of summons to appear before the Court of Milan.

ArcelorMittal sees no factual nor legal basis for this claim and will defend its position vigorously before all the competent venues.

ArcelorMittal categorically rejects any and all allegations set out in the claim, including,... More