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.

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

Everyone experiences tough times, it is a measure of your determination and dedication how you deal with them and how you can come through them.

A strong player, which has the sufficient critical mass, can withhold pressure better and create a more stable environment that benefits shareholders as well as employees.

The 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.

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.

Its not always you get to hit the iron when it is hot. I believe in hitting it so hard, that it gets hot.