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Quote by Lakshmi Mittal

“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.”

Quote by Lakshmi Mittal

Author

Lakshmi Mittal is an Indian-born steel magnate, recognized for his pivotal role in the global steel industry. As the chairman and CEO of ArcelorMittal, the world's largest steelmaker, he has been influential in transforming the industry through innovative strategies and global expansion. Born on September 2, 1950, Mittal has made significant contributions to the growth and success of ArcelorMittal. more

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

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“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?”

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

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

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

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“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.”

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

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“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.”

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

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