Executive Chairman of ArcelorMittal Lakshmi Mittal reacts as he arrives at a dinner held at the Louvre in Paris, France, July 14, 2023. REUTERS/Pascal Rossignol 

Executive Chairman of ArcelorMittal Lakshmi Mittal reacts as he arrives to a dinner held at the Louvre in Paris, France, July 14, 2023. REUTERS/Pascal Rossignol 

France's President Emmanuel Macron meets with ArcelorMittal's Executive Chairman Lakshmi Mittal at the 6th edition of the "Choose France" Summit at the Chateau de Versailles, outside Paris, France on May 15, 2023. Ludovic Marin/Pool via REUTERS 

France's President Emmanuel Macron meets with ArcelorMittal's Executive Chairman Lakshmi Mittal at the 6th edition of the "Choose France" Summit at the Chateau de Versailles, outside Paris, France on May 15, 2023. Ludovic Marin/Pool via REUTERS 

France's President Emmanuel Macron meets with businessmen, including ArcelorMittal's Executive Chairman Lakshmi Mittal during a roundtable at the 6th edition of the "Choose France" Summit at the Chateau de Versailles, outside Paris, France on May 15, 2023. Ludovic Marin/Pool via REUTERS 

France's President Emmanuel Macron shakes hands with ArcelorMittal's Executive Chairman Lakshmi Mittal before a roundtable during the 6th edition of the "Choose France" Summit at the Chateau de Versailles, outside Paris, France on May 15, 2023. Ludovic Marin/Pool via REUTERS 

France's President Emmanuel Macron shakes hands with ArcelorMittal's Executive Chairman Lakshmi Mittal before a roundtable during the 6th edition of the "Choose France" Summit at the Chateau de Versailles, outside Paris, France on May 15, 2023. Ludovic Marin/Pool via REUTERS 

A truck drives in the scrap metal area in the ArcelorMittal metals plant in Dunkirk as part of a media tour dedicated to the reduction of carbon intensity of the industry in France, January 16, 2023. REUTERS/Benoit Tessier 

A view shows the scrap metal area in the ArcelorMittal metals plant in Dunkirk as part of a media tour dedicated to the reduction of carbon intensity of the industry in France, January 16, 2023. REUTERS/Benoit Tessier 

An employee walks in the scrap metal area at a scrapyard in the ArcelorMittal metals plant in Dunkirk as part of a media tour dedicated to the reduction of carbon intensity of the industry in France, January 16, 2023. REUTERS/Benoit Tessier 

An employee enters a truck mill at the ArcelorMittal metals plant in Dunkirk as part of a media tour dedicated to the reduction of carbon intensity of the industry in France, January 16, 2023. REUTERS/Benoit Tessier 

A truck enters the scrap metal area in the ArcelorMittal metals plant in Dunkirk as part of a media tour dedicated to the reduction of carbon intensity of the industry in France, January 16, 2023. REUTERS/Benoit Tessier 

A truck enters the scrap metal area in the ArcelorMittal metals plant in Dunkirk as part of a media tour dedicated to the reduction of carbon intensity of the industry in France, January 16, 2023. REUTERS/Benoit Tessier 

An employee enters a truck mill at the ArcelorMittal metals plant in Dunkirk as part of a media tour dedicated to the reduction of carbon intensity of the industry in France, January 16, 2023. REUTERS/Benoit Tessier 

An employee enters in the rolling mill at the ArcelorMittal metals plant in Dunkirk as part of a media tour dedicated to the reduction of carbon intensity of the industry in France, January 16, 2023. REUTERS/Benoit Tessier 

View of the ArcelorMittal metals plant in Dunkirk as part of a media tour dedicated to the reduction of carbon intensity of the industry in France, January 16, 2023. REUTERS/Benoit Tessier 

The 3D Project (DMX Demonstration in Dunkirk), piloting a new form of carbon capture and utilisation or storage (CCU/S) technology on an industrial scale, is seen at the ArcelorMittal metals plant in Dunkirk as part of a media tour dedicated to the reduction of carbon intensity of the industry in France, January 16, 2023. REUTERS/Benoit Tessier 

A security employee works in the rolling mill at the ArcelorMittal metals plant in Dunkirk as part of a media tour dedicated to the reduction of carbon intensity of the industry in France, January 16, 2023. REUTERS/Benoit Tessier 

Red hot slabs of steel move along conveyors at the ArcelorMittal metals plant in Dunkirk as part of a media tour dedicated to the reduction of carbon intensity of the industry in France, January 16, 2023. REUTERS/Benoit Tessier 

A red hot slab of steel moves along a conveyor at the ArcelorMittal metals plant in Dunkirk as part of a media tour dedicated to the reduction of carbon intensity of the industry in France, January 16, 2023. REUTERS/Benoit Tessier 

A red hot slab of steel moves along a conveyor at the ArcelorMittal metals plant in Dunkirk as part of a media tour dedicated to the reduction of carbon intensity of the industry in France, January 16, 2023. REUTERS/Benoit Tessier 

A red hot slab of steel moves along a conveyor at the ArcelorMittal metals plant in Dunkirk as part of a media tour dedicated to the reduction of carbon intensity of the industry in France, January 16, 2023. REUTERS/Benoit Tessier 

A red hot slab of steel moves along a conveyor at the ArcelorMittal metals plant in Dunkirk as part of a media tour dedicated to the reduction of carbon intensity of the industry in France, January 16, 2023. REUTERS/Benoit Tessier 

Red hot slabs of steel move along conveyors at the ArcelorMittal metals plant in Dunkirk as part of a media tour dedicated to the reduction of carbon intensity of the industry in France, January 16, 2023. REUTERS/Benoit Tessier 

A red hot slab of steel moves along a conveyor at the ArcelorMittal metals plant in Dunkirk as part of a media tour dedicated to the reduction of carbon intensity of the industry in France, January 16, 2023. REUTERS/Benoit Tessier 

Employees work in the rolling mill at the ArcelorMittal metals plant in Dunkirk as part of a media tour dedicated to the reduction of carbon intensity of the industry in France, January 16, 2023. REUTERS/Benoit Tessier 

A red hot slab of steel moves along a conveyor at the ArcelorMittal metals plant in Dunkirk as part of a media tour dedicated to the reduction of carbon intensity of the industry in France, January 16, 2023. REUTERS/Benoit Tessier 

A red hot slab of steel moves along a conveyor at the ArcelorMittal metals plant in Dunkirk as part of a media tour dedicated to the reduction of carbon intensity of the industry in France, January 16, 2023. REUTERS/Benoit Tessier 

French Junior Minister for Industry Roland Lescure visits the ArcelorMittal metals plant in Dunkirk as part of a trip dedicated to the reduction of carbon intensity of the industry in France, January 16, 2023. REUTERS/Benoit Tessier 

French Junior Minister for Industry Roland Lescure visits the ArcelorMittal metals plant in Dunkirk as part of a trip dedicated to the reduction of carbon intensity of the industry in France, January 16, 2023. REUTERS/Benoit Tessier 

French Junior Minister for Industry Roland Lescure and Matthieu Jehl, CEO of ArcelorMittal France, visit the ArcelorMittal metals plant in Dunkirk as part of a trip dedicated to the reduction of carbon intensity of the industry in France, January 16, 2023. REUTERS/Benoit Tessier 

French Junior Minister for Industry Roland Lescure visits the ArcelorMittal metals plant in Dunkirk as part of a trip dedicated to the reduction of carbon intensity of the industry in France, January 16, 2023. REUTERS/Benoit Tessier 

French Junior Minister for Industry Roland Lescure visits the ArcelorMittal metals plant in Dunkirk as part of a trip dedicated to the reduction of carbon intensity of the industry in France, January 16, 2023. REUTERS/Benoit Tessier 

French Junior Minister for Industry Roland Lescure visits the ArcelorMittal metals plant in Dunkirk as part of a trip dedicated to the reduction of carbon intensity of the industry in France, January 16, 2023. REUTERS/Benoit Tessier 

Scrap metal sits on a heap at a scrapyard in the ArcelorMittal metals plant in Dunkirk as part of a media tour dedicated to the reduction of carbon intensity of the industry in France, January 16, 2023. REUTERS/Benoit Tessier 

Scrap metal sits on a heap at a scrapyard in the ArcelorMittal metals plant in Dunkirk as part of a media tour dedicated to the reduction of carbon intensity of the industry in France, January 16, 2023. REUTERS/Benoit Tessier 

French Junior Minister for Industry Roland Lescure visits the ArcelorMittal metals plant in Dunkirk as part of a trip dedicated to the reduction of carbon intensity of the industry in France, January 16, 2023. REUTERS/Benoit Tessier 

The logo of ArceloMittal is seen on a jacket at the ArcelorMittal metals plant in Dunkirk as part of a media tour dedicated to the reduction of carbon intensity of the industry in France, January 16, 2023. REUTERS/Benoit Tessier 

A logo is seen at the ArcelorMittal metals plant in Dunkirk as part of a media tour dedicated to the reduction of carbon intensity of the industry in France, January 16, 2023. REUTERS/Benoit Tessier 

Chairman of ArcelorMittal Eric Niedziela delivers a speech as General Manager Industry for Arkema group Luc Benoit-Cattin, President of French Activities at HeidelbergCement Bruno Pillon and French Minister Delegate for Industry Roland Lescure look on during a meeting about the reduction of carbon intensity at the Elysee Palace in Paris, France, November 8, 2022. Mohammed Badra/Pool via REUTERS 

Chairman of ArcelorMittal Eric Niedziela delivers a speech as General Manager Industry for Arkema group Luc Benoit-Cattin and President of French Activities at HeidelbergCement Bruno Pillon look on during a meeting about the reduction of carbon intensity at the Elysee Palace in Paris, France, November 8, 2022. Mohammed Badra/Pool via REUTERS 

President of French Activities at HeidelbergCement Bruno Pillon delivers a speech as General Manager Industry for Arkema group Luc Benoit-Cattin and Chairman of ArcelorMittal Eric Niedziela look on during a meeting about the reduction of carbon intensity at the Elysee Palace in Paris, France, November 8, 2022. Mohammed Badra/Pool via REUTERS 

Chairman of ArcelorMittal Eric Niedziela delivers a speech during a meeting about the reduction of carbon intensity at the Elysee Palace in Paris, France, November 8, 2022. Mohammed Badra/Pool via REUTERS 

Chairman of ArcelorMittal Eric Niedziela delivers a speech during a meeting about the reduction of carbon intensity at the Elysee Palace in Paris, France, November 8, 2022. Mohammed Badra/Pool via REUTERS 

Chairman of ArcelorMittal Eric Niedziela delivers a speech during a meeting about the reduction of carbon intensity at the Elysee Palace in Paris, France, November 8, 2022. Mohammed Badra/Pool via REUTERS 

Eric Niedziela, Chairman of ArcelorMittal France, arrives for a meeting with heads of the 50 industrial sites in France that emit the most greenhouse gases (GHGs) as well as advocates of low-carbon solutions at the Elysee Palace in Paris, France, November 8, 2022. REUTERS/Benoit Tessier 

Workers are seen at ArcelorMittal Dofasco during a tour by Canada's Prime Minister Justin Trudeau in Hamilton, Ontario, Canada, October 13, 2022. REUTERS/Carlos Osorio 

Canada's Prime Minister Justin Trudeau and Lakshmi Mittal the Executive Chairman of ArcelorMittal at ArcelorMittal Dofasco steel mill in Hamilton, Ontario, Canada, October 13, 2022. REUTERS/Carlos Osorio 

Canada's Prime Minister Justin Trudeau tours ArcelorMittal Dofasco steel mill in Hamilton, Ontario, Canada, October 13, 2022. REUTERS/Carlos Osorio 

Canada's Prime Minister Justin Trudeau tours ArcelorMittal Dofasco steel mill in Hamilton, Ontario, Canada, October 13, 2022. REUTERS/Carlos Osorio 

Canada's Prime Minister Justin Trudeau tours ArcelorMittal Dofasco steel mill in Hamilton, Ontario, Canada, October 13, 2022. REUTERS/Carlos Osorio 

Canada's Prime Minister Justin Trudeau tours ArcelorMittal Dofasco steel mill in Hamilton, Ontario, Canada, October 13, 2022. REUTERS/Carlos Osorio 

A view of the hot mill at ArcelorMittal Dofasco steel mill in Hamilton, Ontario, Canada, October 13, 2022. REUTERS/Carlos Osorio 

A crane works on moving steel coils at ArcelorMittal Dofasco steel mill in Hamilton, Ontario, Canada, October 13, 2022. REUTERS/Carlos Osorio 

A crane works on moving steel coils at ArcelorMittal Dofasco steel mill in Hamilton, Ontario, Canada, October 13, 2022. REUTERS/Carlos Osorio 

Workers stand next to steel coils at ArcelorMittal Dofasco steel mill in Hamilton, Ontario, Canada, October 13, 2022. REUTERS/Carlos Osorio 

A smoke stack is seen at ArcelorMittal Dofasco steel mill in Hamilton, Ontario, Canada, October 13, 2022. REUTERS/Carlos Osorio 

Canada's Prime Minister Justin Trudeau walks after touring ArcelorMittal Dofasco steel mill in Hamilton, Ontario, Canada, October 13, 2022. REUTERS/Carlos Osorio 

Canada's Prime Minister Justin Trudeau and Lakshmi Mittal the Executive Chairman of ArcelorMittal at ArcelorMittal Dofasco steel mill in Hamilton, Ontario, Canada, October 13, 2022. REUTERS/Carlos Osorio 

Canada's Prime Minister Justin Trudeau speaks, flanked by François-Philippe Champagne and Filomena Tassi, after they toured ArcelorMittal Dofasco steel mill in Hamilton, Ontario, Canada, October 13, 2022. REUTERS/Carlos Osorio