Italy seeks over $8 billion in damages from ArcelorMittal over ILVA steelworks, FT reports
Published by Global Banking & Finance Review®
Posted on January 12, 2026
1 min readLast updated: January 19, 2026
Published by Global Banking & Finance Review®
Posted on January 12, 2026
1 min readLast updated: January 19, 2026
Italy demands €7 billion from ArcelorMittal over ILVA steelworks, with legal action filed in Milan court.
Jan 12 (Reuters) - The administrators of Acciaierie d’Italia's steel plants, formerly known as ILVA, have sought 7 billion euros ($8.17 billion) in damages from its former owner ArcelorMittal, the Financial Times reported on Monday, citing a complaint filed with a Milan court this month.
($1 = 0.8569 euros)
(Reporting by Kanjyik Ghosh in Barcelona;)
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