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 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 poses with 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 poses with 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 walks with Lakshmi Mittal the Executive Chairman of ArcelorMittal at ArcelorMittal Dofasco steel mill in Hamilton, Ontario, Canada, October 13, 2022. REUTERS/Carlos Osorio 

Lakshmi Mittal, executive chairman of ArcelorMittal, speaks to France's President Emmanuel Macron during a meeting as part of the 5th edition of the "Choose France" Business Summit, at the Palace of Versailles, southwest of Paris, France, July 11, 2022. Ludovic Marin/Pool via REUTERS 

Lakshmi Mittal, executive chairman of ArcelorMittal, speaks to France's President Emmanuel Macron during a meeting as part of the 5th edition of the "Choose France" Business Summit, at the Palace of Versailles, southwest of Paris, France, July 11, 2022. Ludovic Marin/Pool via REUTERS 

Lakshmi Mittal, executive chairman of ArcelorMittal, speaks to France's President Emmanuel Macron during a meeting as part of the 5th edition of the "Choose France" Business Summit, at the Palace of Versailles, southwest of Paris, France, July 11, 2022. Ludovic Marin/Pool via REUTERS 

Lakshmi Mittal, executive chairman of ArcelorMittal, speaks to France's President Emmanuel Macron during a meeting as part of the 5th edition of the "Choose France" Business Summit, at the Palace of Versailles, southwest of Paris, France, July 11, 2022. Ludovic Marin/Pool via REUTERS 

Lakshmi Mittal, executive chairman of ArcelorMittal, speaks to France's President Emmanuel Macron during the 5th edition of the "Choose France" Business Summit, at the Palace of Versailles, southwest of Paris, France, July 11, 2022. Ludovic Marin/Pool via REUTERS 

Lakshmi Mittal, executive chairman of ArcelorMittal, speaks to France's President Emmanuel Macron during the 5th edition of the "Choose France" Business Summit, at the Palace of Versailles, southwest of Paris, France, July 11, 2022. Ludovic Marin/Pool via REUTERS 

Lakshmi Mittal, executive chairman of ArcelorMittal, speaks to France's President Emmanuel Macron during the 5th edition of the "Choose France" Business Summit, at the Palace of Versailles, southwest of Paris, France, July 11, 2022. Ludovic Marin/Pool via REUTERS 

Lakshmi Mittal, chief executive officer of ArcelorMittal, attends the ceremony during which President of the European Central Bank Christine Lagarde (not pictured) receives an honorary doctorate at the London School of Economics, in London, Britain, June 15, 2022. REUTERS/Peter Nicholls 

French President Emmanuel Macron (R) meets with ArcelorMittal Chairman and CEO Lakshmi Mittal during an international business leaders' meeting for the 4th edition of the 'Choose France' summit in Versailles, France June 28, 2021. Stephane de Sakutin/Pool via REUTERS 

French President Emmanuel Macron (R) meets with ArcelorMittal Chairman and CEO Lakshmi Mittal during an international business leaders' meeting for the 4th edition of the 'Choose France' summit in Versailles, France June 28, 2021. Stephane de Sakutin/Pool via REUTERS 

Lakshmi Mittal, CEO of ArcelorMittal, is seen during the 50th World Economic Forum (WEF) annual meeting in Davos, Switzerland, January 22, 2020. REUTERS/Denis Balibouse 

Lakshmi Mittal, chief executive officer of ArcelorMittal, arrives for a meeting with France's Prime Minister Edouard Philippe at the Hotel Matignon in Paris, France, July 31, 2017. REUTERS/Benoit Tessier 

Lakshmi Mittal, chief executive officer of ArcelorMittal, waits for a meeting with France's Prime Minister Edouard Philippe at the Hotel Matignon in Paris, France, July 31, 2017. REUTERS/Benoit Tessier 

Lakshmi Mittal, chief executive officer of ArcelorMittal, arrives for a meeting with France's Prime Minister Edouard Philippe at the Hotel Matignon in Paris, France, July 31, 2017. REUTERS/Benoit Tessier 

Lakshmi Mittal, chief executive officer of ArcelorMittal, and Philippe Darmayan, Chairman of ArcelorMittal France, leave the Hotel Matignon after a meeting with France's Prime Minister Edouard Philippe in Paris, France, July 31, 2017. REUTERS/Benoit Tessier 

Lakshmi Mittal, chief executive officer of ArcelorMittal, and Philippe Darmayan, Chairman of ArcelorMittal France, leave the Hotel Matignon after a meeting with France's Prime Minister Edouard Philippe in Paris, France, July 31, 2017. REUTERS/Benoit Tessier 

Lakshmi Mittal, chief executive officer of ArcelorMittal, and Philippe Darmayan, Chairman of ArcelorMittal France, leave the Hotel Matignon after a meeting with France's Prime Minister Edouard Philippe in Paris, France, July 31, 2017. REUTERS/Benoit Tessier 

Lakshmi Mittal, chief executive officer of ArcelorMittal, arrives for a meeting with France's Prime Minister Edouard Philippe at the Hotel Matignon in Paris, France, July 31, 2017. REUTERS/Benoit Tessier 

Lakshmi Mittal, chief executive officer of ArcelorMittal, is greeted by French Prime Minister Edouard Philippe before a meeting at the Hotel Matignon in Paris, France, July 31, 2017. REUTERS/Benoit Tessier 

Lakshmi Mittal, chief executive officer of ArcelorMittal, arrives for a meeting with France's Prime Minister Edouard Philippe at the Hotel Matignon in Paris, France, July 31, 2017. REUTERS/Benoit Tessier 

Lakshmi Mittal, chief executive officer of ArcelorMittal, leaves the Hotel Matignon after a meeting with France's Prime Minister Edouard Philippe in Paris, France, July 31, 2017. REUTERS/Benoit Tessier 

Lakshmi Mittal, chief executive officer of ArcelorMittal, leaves the Hotel Matignon after a meeting with France's Prime Minister Edouard Philippe in Paris, France, July 31, 2017. REUTERS/Benoit Tessier 

ArcelorMittal Chairman Lakshmi Mittal arrives arrives to attend an official dinner in honour of Indian Prime Minister Narendra Modi at the Elysee Palace in Paris, April 10, 2015. India will purchase 36 of Dassault Aviation's French-manufactured Rafale fighter jets, Prime Minister Narendra Modi said on Friday during his visit to Paris. REUTERS/Charles Platiau

ArcelorMittal Chairman Lakshmi Mittal (C) attends a parliamentary commission hearing at the National Assembly in Paris April 17, 2013. REUTERS/Benoit Tessier (FRANCE - Tags: BUSINESS POLITICS) 

ArcelorMittal Chairman Lakshmi Mittal arrives to attend a parliamentary commission hearing at the National Assembly in Paris April 17, 2013. REUTERS/Benoit Tessier (FRANCE - Tags: BUSINESS POLITICS) 

ArcelorMittal Chairman Lakshmi Mittal attends a parliamentary commission hearing at the National Assembly in Paris April 17, 2013. REUTERS/Benoit Tessier (FRANCE - Tags: BUSINESS POLITICS) 

ArcelorMittal Chairman Lakshmi Mittal attends a parliamentary commission hearing at the National Assembly in Paris April 17, 2013. REUTERS/Benoit Tessier (FRANCE - Tags: BUSINESS POLITICS) 

ArcelorMittal Chairman Lakshmi Mittal attends a parliamentary commission hearing at the National Assembly in Paris April 17, 2013. REUTERS/Benoit Tessier (FRANCE - Tags: BUSINESS POLITICS) 

ArcelorMittal Chairman Lakshmi Mittal (C) attends a parliamentary commission hearing at the National Assembly in Paris April 17, 2013. REUTERS/Benoit Tessier (FRANCE - Tags: BUSINESS POLITICS) 

ArcelorMittal Chairman Lakshmi Mittal (R) arrives to attend a parliamentary commission hearing at the National Assembly in Paris April 17, 2013. REUTERS/Benoit Tessier (FRANCE - Tags: BUSINESS POLITICS) 

ArcelorMittal Chairman Lakshmi Mittal (C) arrives to attend a parliamentary commission hearing at the National Assembly in Paris April 17, 2013. REUTERS/Benoit Tessier (FRANCE - Tags: BUSINESS POLITICS) 

ArcelorMittal Chairman Lakshmi Mittal (bottom row, 3rd R) poses for a group picture with students and faculty members of the Indian Institute of Management (IIM) during their annual convocation ceremony in the western Indian city of Ahmedabad March 23, 2013. Mittal was the chief guest of the ceremony. REUTERS/Amit Dave (INDIA - Tags: BUSINESS EDUCATION) 

Britain's Queen Elizabeth, accompanied by London Mayor Boris Johnson speaks with Lakshmi Mittal (2nd L) and his wife Usha (L), during her visit to the top of the Orbit at the Olympic Park in London July 28, 2012. REUTERS/John Stillwell/Pool (BRITAIN - Tags: ENTERTAINMENT SPORT OLYMPICS ROYALS POLITICS) 

The chairman of ArcelorMittal Lakshmi Mittal poses for a photograph at the top of the ArcelorMittal Orbit in the London 2012 Olympic Park in east London May 11, 2012. The structure was officially unveiled on Friday. REUTERS/Ki Price (BRITAIN - Tags: ENTERTAINMENT BUSINESS SOCIETY SPORT OLYMPICS) 

India's Prime Minister Manmohan Singh (R) and ArcelorMittal chairman Lakshmi Mittal (C) applaud as Punjab Chief Minister Parkash Singh Badal looks on while attending the inauguration of Guru Gobind Singh oil refinery near Bathinda in the northern Indian state of Punjab April 28, 2012. India has held talks over exporting refined fuels to its neighbour Pakistan, the head of Hindustan Mittal Energy said on Saturday, at the opening of the company's new refinery close to the border between the two countries. REUTERS/Ajay Verma (INDIA - Tags: POLITICS ENERGY BUSINESS) 

A worker walks inside the complex of Guru Gobind Singh oil refinery near Bhatinda in the northern Indian state of Punjab April 27, 2012. The refinery has been built in joint venture collaboration with Mittal Energy, owned by steel tycoon Lakshmi Mittal and India's state-run Hindustan Petroleum Corporation Limited (HPCL) and will be inaugurated by Indian Prime Minister Manmohan Singh on Saturday. REUTERS/Ajay Verma (INDIA - Tags: ENERGY BUSINESS COMMODITIES) 

Workers walk inside the complex of Guru Gobind Singh oil refinery near Bhatinda in the northern Indian state of Punjab April 27, 2012. The refinery has been built in joint venture collaboration with Mittal Energy, owned by steel tycoon Lakshmi Mittal and India's state-run Hindustan Petroleum Corporation Limited (HPCL) and will be inaugurated by Indian Prime Minister Manmohan Singh on Saturday. REUTERS/Ajay Verma (INDIA - Tags: ENERGY BUSINESS COMMODITIES) 

Indian security personnel check a vehicle before its entry to the complex of Guru Gobind Singh oil refinery near Bhatinda in the northern Indian state of Punjab April 27, 2012. The refinery has been built in joint venture collaboration with Mittal Energy, owned by steel tycoon Lakshmi Mittal and India's state-run Hindustan Petroleum Corporation Limited (HPCL), and will be inaugurated by Indian Prime Minister Manmohan Singh on Saturday. REUTERS/Ajay Verma (INDIA - Tags: ENERGY BUSINESS MILITARY) 

A general view of the Guru Gobind Singh oil refinery near Bhatinda in the northern Indian state of Punjab April 27, 2012. The refinery has been built in joint venture collaboration with Mittal Energy, owned by steel tycoon Lakshmi Mittal and India's state-run Hindustan Petroleum Corporation Limited (HPCL), and will be inaugurated by Indian Prime Minister Manmohan Singh on Saturday. REUTERS/Ajay Verma (INDIA - Tags: ENERGY BUSINESS) 

An Indian security personnel stands guard in front of the main entrance of the Guru Gobind Singh oil refinery near Bhatinda in the northern Indian state of Punjab April 27, 2012. The refinery has been built in joint venture collaboration with Mittal Energy, owned by steel tycoon Lakshmi Mittal and India's state-run Hindustan Petroleum Corporation Limited (HPCL), and will be inaugurated by Indian Prime Minister Manmohan Singh on Saturday. REUTERS/Ajay Verma (INDIA) 

Indian-born Lakshmi Mittal, chairman and CEO of ArcelorMittal and a Goldman director since 2008, speaks during a news conference in New Delhi March 31, 2012. REUTERS/B Mathur (INDIA - Tags: BUSINESS) 

Indian-born Lakshmi Mittal (R), chairman and CEO of ArcelorMittal and a Goldman director since 2008, speaks during a news conference in New Delhi March 31, 2012. On his left is India's ace shooter Abhinav Bindra. REUTERS/B Mathur (INDIA - Tags: BUSINESS SPORT) 

Indian-born Lakshmi Mittal, chairman and CEO of ArcelorMittal and a Goldman director since 2008, listens to a question during a news conference in New Delhi March 31, 2012. REUTERS/B Mathur (INDIA - Tags: BUSINESS) 

Indian-born Lakshmi Mittal, chairman and CEO of ArcelorMittal and a Goldman director since 2008, smiles during a news conference in New Delhi March 31, 2012. REUTERS/B Mathur (INDIA - Tags: BUSINESS HEADSHOT PROFILE) 

A placard showing a picture of Arcelor Mittal Chairman and Chief Executive Officer, Lakshmi Mittal is seen at the entrance of the company's regional headquarters in Flemalle, near Liege October 13, 2011. ArcelorMittal announced late on October 12 its plan to shut down factories in the region, which might result with the lost of 1,000 jobs, trade unions said. Placard reads ' workers expected something from the board, they get it' REUTERS/Yves Herman (BELGIUM - Tags: BUSINESS EMPLOYMENT POLITICS) 

Lakshmi Mittal (R), head of Mittal Steel, and his son Aditya Mittal, President and Group Chief Finance Officer, speak during a news conference in Paris January 30, 2006. In the old days, sons of businessmen started at the family firm early, working their way through the ranks and waiting in the wings till the patriarch died, with the oldest son usually taking control. Now, sons and daughters, armed with degrees from top business schools in the West and stints at multinationals, are striding into the boardroom early, confidently drawing up new strategies. Every heir has it different: 30-something Aditya Mittal, a Wharton school business graduate, worked at Credit Suisse before becoming head of mergers and acquisitions at Mittal Steel, where he was key to the 26-billion-euro takeover in 2006 of Arcelor. Picture taken January 30, 2006. To match Feature INDIA-BUSINESS/FAMILIES REUTERS/Charles Platiau (FRANCE - Tags: BUSINESS) 

Lakshmi Mittal, Chairman and Chief Executive Officer of Mittal Steel, and his son Aditya (R), the company's Chief Financial Officer, pose for photos at the end of a news conference at Arcelor's headquarters in Luxembourg June 26, 2006. In the old days, sons of businessmen started at the family firm early, working their way through the ranks and waiting in the wings till the patriarch died, with the oldest son usually taking control. Now, sons and daughters, armed with degrees from top business schools in the West and stints at multinationals, are striding into the boardroom early, confidently drawing up new strategies. Every heir has it different: 30-something Aditya Mittal, a Wharton school business graduate, worked at Credit Suisse before becoming head of mergers and acquisitions at Mittal Steel, where he was key to the 26-billion-euro takeover in 2006 of Arcelor. Picture taken June 26, 2006. To match Feature INDIA-BUSINESS/FAMILIES REUTERS/Francois Lenoir (LUXEMBOURG - Tags: BUSINESS) 

Arcelor Mittal Chairman and Chief Executive Officer, Lakshmi Mittal, arrives on the red carpet for the screening of the film "You will meet a tall dark stranger" by director Woody Allen at the 63rd Cannes Film Festival May 15, 2010. REUTERS/Jean-Paul Pelissier (FRANCE - Tags: ENTERTAINMENT BUSINESS) 

Chairman and Chief Executive Officer Lakshmi Mittal presents the year 2009 results of Arcelor Mittal steel group during a news conference in Luxembourg February 10, 2010. ArcelorMittal, the world's top steelmaker, cautioned its markets would only recover slowly as it forecast higher shipments but lower selling prices in the early months of 2010, putting pressure on core profits. REUTERS/Thierry Roge (BELGIUM - Tags: HEADSHOT BUSINESS) 

Chairman and Chief Executive Officer Lakshmi Mittal presents Year 2009 results of Arcelor Mittal steel group during a news conference in Luxembourg February 10, 2010. ArcelorMittal, the world's top steelmaker, cautioned its markets would only recover slowly as it forecast higher shipments but lower selling prices in the early months of 2010, putting pressure on core profits.
REUTERS/Thierry Roge (BELGIUM - Tags: HEADSHOT BUSINESS) 

Chairman and Chief Executive Officer Lakshmi Mittal listens to a question as he presents Year 2009 results of Arcelor Mittal steel group during a news conference in Luxembourg February 10, 2010. ArcelorMittal, the world's top steelmaker, cautioned its markets would only recover slowly as it forecast higher shipments but lower selling prices in the early months of 2010, putting pressure on core profits. REUTERS/Thierry Roge (BELGIUM - Tags: HEADSHOT BUSINESS) 

Chairman and Chief Executive Officer Lakshmi Mittal leaves the room after presenting Year 2009 results of Arcelor Mittal steel group at a news conference in Luxembourg February 10, 2010. ArcelorMittal, the world's top steelmaker, cautioned its markets would only recover slowly as it forecast higher shipments but lower selling prices in the early months of 2010, putting pressure on core profits. REUTERS/Thierry Roge (BELGIUM - Tags: BUSINESS) 

Chairman and Chief Executive Officer Lakshmi Mittal answers a question as he presents Year 2009 results of Arcelor Mittal steel group during a news conference in Luxembourg February 10, 2010. ArcelorMittal, the world's top steelmaker, cautioned its markets would only recover slowly as it forecast higher shipments but lower selling prices in the early months of 2010, putting pressure on core profits. REUTERS/Thierry Roge (BELGIUM - Tags: HEADSHOT BUSINESS) 

Chief Financial Officer Aditya Mittal (R) and Chairman and Chief Executive Officer Lakshmi Mittal present Year 2009 results of Arcelor Mittal steel group during a news conference in Luxembourg February 10, 2010. ArcelorMittal, the world's top steelmaker, cautioned its markets would only recover slowly as it forecast higher shipments but lower selling prices in the early months of 2010, putting pressure on core profits.
REUTERS/Thierry Roge (BELGIUM - Tags: BUSINESS) 

Chief Financial Officer Aditya Mittal (R) and Chairman and Chief Executive Officer Lakshmi Mittal present Year 2009 results of Arcelor Mittal steel group during a news conference in Luxembourg February 10, 2010. ArcelorMittal, the world's top steelmaker, cautioned its markets would only recover slowly as it forecast higher shipments but lower selling prices in the early months of 2010, putting pressure on core profits.
REUTERS/Thierry Roge (BELGIUM - Tags: BUSINESS)