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
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.
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.
motivational past challenges
We have experienced highly challenging global market conditions in the past quarter with significant steel price decline in all regions.
motivational jobs cutting
There will be no job cuts arising out of this merger in Europe - this is in the interest of jobs in Europe.
motivational shutting-down mergers
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.
motivational past years
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.
motivational creating giants
This is not about creating a giant. It's about creating the sustainability of the steel industry.
motivational progress made
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.
motivational government decision
I have confidence that the government of Luxembourg will not make any decision that frustrates this transaction.
motivational believe player
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.
motivational people leader
When people can see which direction the leaders are going in it becomes easier to motivate them.