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

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

It is a high for me. It is my biggest and most satisfying deal.

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

At the end of the day you have to keep emotions away.

When people can see which direction the leaders are going in it becomes easier to motivate them.

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