We are beginning to see the benefits of global consolidation.

We are beginning to see the benefits of global consolidation,

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.

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

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.