It's difficult for them to do a deal at these levels.

When people can see which direction the leaders are going in it becomes easier to motivate them.

Production cutbacks have remained in place in the third quarter and this has helped to further reduce inventory levels worldwide.

I am sure all politicians will be convinced of the merits of this deal.

It's true that I run a multi-national group but I have no interests in India. So please tell me, what should my identity be?

I understand that this has taken a lot of politicians by surprise. But we believe that this is an important and right step for the steel industry.

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.