It is true that we are interested in scale but there are very sound reasons for this.

We do not believe in oversupplying the market. When you are a large company, you can afford to do it. When you are a small player, your flexibility gets reduced.

At the end of the day you have to keep emotions away.

We are not in the business of iron ore. Whatever captive iron ore sources we have, we use it to make steel.

This is not about creating a giant. It's about creating the sustainability of the steel industry.

This is a learning in the business life that first of all you need to have commitment, dedication and passion for what you are doing.

We have no intention of shutting down plants. We have always said there will be no redundancies or lay-offs as a result of this merger.