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Italy seeks over $8 billion in damages from ArcelorMittal over ILVA steelworks, FT reports
Published by Global Banking and Finance Review
Posted on January 12, 2026
Home > Finance > Italy seeks over $8 billion in damages from ArcelorMittal over ILVA steelworks, FT reports
Italy Demands €7 Billion in Damages from ArcelorMittal for ILVA
Italy's Legal Action Against ArcelorMittal
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.
Background on ILVA Steelworks
($1 = 0.8569 euros)
Details of the Damages Sought
(Reporting by Kanjyik Ghosh in Barcelona;)
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