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.

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.

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

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

We are beginning to see the benefits of global consolidation,

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