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.

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

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

We are pleased with the very positive reception our offer has received, and are confident that progress is being made towards establishing the regulatory framework for the offer.

Always think outside the box and embrace opportunities that appear, wherever they might be.

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

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