In the past twenty years, we have lived through several cycles and we have always managed to buy under good terms and conditions at the right time. This has enabled us to build a solid group that is now the world number one.

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

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.

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.

If I go to a match it doesn't mean I want to buy the stadium or the club.

There will be no job cuts arising out of this merger in Europe - this is in the interest of jobs in Europe.

I am very confident that we will be able to convince all the stakeholders - the shareholders, the governments and the employees, that this is in their best interests.