We are not in the business of iron ore. Whatever captive iron ore sources we have, we use it to make steel. Lakshmi Mittal More Quotes by Lakshmi Mittal More Quotes From Lakshmi Mittal A strong player, which has the sufficient critical mass, can withhold pressure better and create a more stable environment that benefits shareholders as well as employees. Lakshmi Mittal strong player motivational 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. Lakshmi Mittal motivational past years I have confidence that the government of Luxembourg will not make any decision that frustrates this transaction. Lakshmi Mittal government decision motivational 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. Lakshmi Mittal progress made motivational We are beginning to see the benefits of globalconsolidation. Lakshmi Mittal benefits motivational We have experienced highly challenging global market conditions in the past quarter with significant steel price decline in all regions. Lakshmi Mittal challenges motivational past Production cutbacks have remained in place in the third quarter and this has helped to further reduce inventory levels worldwide. Lakshmi Mittal inventory levels motivational It's difficult for them to do a deal at these levels. Lakshmi Mittal difficult levels motivational 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. Lakshmi Mittal taken motivational believe If I go to a match it doesn't mean I want to buy the stadium or the club. Lakshmi Mittal clubs motivational mean 2015 was a very difficult year for the steel and mining industries. Although demand in our core markets remained strong, prices deteriorated significantly during the year as a result of excess capacity in China. Lakshmi Mittal business I built a steel plant from the grassroots, so I learned all the nuts and bolts. When there was a problem, I would be able to guide them, though I am not a technical person. Lakshmi Mittal person i-am plant problem
