Lakshmi Mittal
Lakshmi Mittal
Lakshmi Niwas Mittal pronunciation ;is an Indian steel magnate, based in the United Kingdom. He is the chairman and CEO of ArcelorMittal, the world’s largest steelmaking company. Mittal owns 38% of ArcelorMittal and holds a 34% stake in Queens Park Rangers F.C....
NationalityIndian
ProfessionEntrepreneur
Date of Birth2 September 1950
CityRajgarh, India
CountryIndia
beyond confident decision steel sure thinking
I am confident we will win, I am not even thinking beyond that. I am sure shareholders will make the right decision because they like this (consolidation) in the steel industry.
beginning benefits global
We are beginning to see the benefits of global consolidation,
admission came english felt fit hindi medium principal study though
I came from a Hindi medium school... the principal felt that I would not fit into an English medium college. Though I was top in my class in school, and I got admission in other colleges, but I really wanted to study in St. Xavier's.
built guide learned steel technical though
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.
arising cuts europe interest job jobs merger
There will be no job cuts arising out of this merger in Europe -- this is in the interest of jobs in Europe.
cautious countries currency economies oil performing pricing
I'm cautious about the currency situation, oil pricing and the economies of some countries not performing as we are expecting.
acceptable company employment ensure global industry provide reach returns strong today
In our industry today only a strong company with a global reach can ensure long-term employment and provide acceptable returns for shareholders.
motivational levels difficult
It's difficult for them to do a deal at these levels.
motivational taken believe
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.
motivational sound reason
It is true that we are interested in scale but there are very sound reasons for this.
iron use steel
We are not in the business of iron ore. Whatever captive iron ore sources we have, we use it to make steel.
motivational mean want
If I go to a match it doesn't mean I want to buy the stadium or the club.
motivational levels inventory
Production cutbacks have remained in place in the third quarter and this has helped to further reduce inventory levels worldwide.
benefits
We are beginning to see the benefits of globalconsolidation,