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.

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.