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.
Lakshmi MittalWe 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.
Lakshmi MittalWe have experienced highly challenging global market conditions in the past quarter with significant steel price decline in all regions.
Lakshmi Mittal