ArcelorMittal (MT) said Thursday that it has been served with a writ of summons to appear before the Court of Milan by the government appointment commissioners of Acciaierie d'Italia.

Responding to the claims set out by the government officials, ArcelorMittal said it rejects allegations that it induced Acciaierie d'Italia's directors and local management to engage in acts of mismanagement, causing it damages of about 7 billion euros ($8.37 billion).

ArcelorMittal said it has invested about 2 billion euros to turn around the business and that a major portion of that investment was made at completing an extensive environmental plan, to ensure compliance with the Integrated Environmental Authorisation.

Any narrative attributing liability to ArcelorMittal "lacks any factual and legal basis and disregards the obligations undertaken within the public-private partnership by Invitalia and the Italian Government," ArcelorMittal said.