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ArcelorMittal ( (MT) ) has shared an announcement.
On 29 January 2026, ArcelorMittal disclosed that it has been served with a writ of summons by the extraordinary commissioners of Acciaierie d’Italia (ADI) in extraordinary administration, requiring it to appear before the Court of Milan over claims that the company mismanaged Italian steel plants formerly owned by Ilva and caused ADI about €7 billion in damages. ArcelorMittal firmly denies all allegations, arguing there is no factual or legal basis for the case, and contends that since entering the public‑private partnership with state‑controlled Invitalia it has invested around €2 billion, including significant environmental spending, while being hindered by what it characterises as adversarial actions by Invitalia and the Italian government, the removal in 2019 of legal protections needed to execute an environmental plan, and subsequent measures that placed ADI into extraordinary administration and effectively expropriated its investment. The company notes it already launched an international arbitration against Italy in June 2025 seeking more than €1.8 billion for alleged unlawful expropriation and discriminatory measures, underscoring that the deepening legal dispute over the ADI assets now exposes both ArcelorMittal and Italian authorities to substantial financial and reputational risks and adds further uncertainty around the future of a major part of Italy’s steel industry.
The most recent analyst rating on (MT) stock is a Hold with a $57.00 price target. To see the full list of analyst forecasts on ArcelorMittal stock, see the MT Stock Forecast page.
Spark’s Take on MT Stock
According to Spark, TipRanks’ AI Analyst, MT is a Outperform.
ArcelorMittal’s stock is supported by strong technical momentum and a positive earnings outlook, despite challenges in profitability and cash flow management. The valuation is reasonable, but the low dividend yield limits immediate income potential. The company’s strategic initiatives and trade tools provide a positive long-term outlook.
To see Spark’s full report on MT stock, click here.
More about ArcelorMittal
ArcelorMittal is one of the world’s leading integrated steel and mining groups, with operations in 60 countries and primary steelmaking in 14, and is the largest steel producer in Europe and among the largest in the Americas. The company supplies steel to automotive, engineering, construction and machinery customers, generated $62.4 billion in revenue in 2024, and produced 57.9 million tonnes of crude steel and 42.4 million tonnes of iron ore, while positioning itself as a producer of lower-carbon, higher‑performance steels for global industrial and energy transition needs.
Average Trading Volume: 1,388,691
Technical Sentiment Signal: Buy
Current Market Cap: $41.14B
See more data about MT stock on TipRanks’ Stock Analysis page.