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.
Lakshmi MittalWe are not in the business of iron ore. Whatever captive iron ore sources we have, we use it to make steel.
Lakshmi MittalThe danger, though - and there have been signs of this recently - is that Europe begins to demonstrate a return to more nationalist sentiment. To my mind, that would be a great mistake.
Lakshmi MittalWe have experienced highly challenging global market conditions in the past quarter with significant steel price decline in all regions.
Lakshmi Mittal