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.

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?

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

The torch relay is an excellent embodiment of all that the Olympic Games have come to symbolise - a celebration of the human spirit. Personally to me, it represents striving to be the best in whatever we do, never giving up despite the odds, and a commitment to health and fitness.

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.

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