Lakshmi Mittal Motivational Quotations

It's difficult for them to do a deal at these levels.

I understand that this has taken a lot of politicians by surprise. But we believe that this is an important and right step for the steel industry.

It is true that we are interested in scale but there are very sound reasons for this.

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

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

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

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

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.

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.

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

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.

I have confidence that the government of Luxembourg will not make any decision that frustrates this transaction.

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.

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

I am sure all politicians will be convinced of the merits of this deal.

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?

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.

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