A Quote by Lakshmi Mittal

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
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.
Let's take energy, for instance. I understand that in some industries, the input cost of energy is a major factor in whether an industry is going to locate in the United States or go elsewhere. So, when, at Bain Capital, we started a new steel company called Steel Dynamics in Indiana, the cost of energy was a very important factor to the success of that enterprise.
I think a lot of politicians, rightfully so, understand that their political futures are tied to how many times people see their names in print. The press is so accustomed to politicians wanting those things, it's a surprise when somebody's like, 'Whatever, I'm not really worried about those things.'
I think a lot of politicians, rightfully so, understand that their political futures are tied to how many times people see their names in print. The press is so accustomed to politicians wanting those things, it's a surprise when somebody's like, 'Whatever, I'm not really worried about those things.
From my experience let me say this: in today's world it is no bad thing for a politician to have had the benefit of a scientific background. And not only politicians. Those who work in industry, in commerce, in investment. Indeed, so important has it become that I believe we are right to make science a compulsory subject for all schoolchildren.
Nowadays, people in the entertainment industry can have a louder voice than politicians, and I think it's important that they use that voice to say something positive or to give a voice to somebody that's had theirs taken away.
Nowadays, people in the entertainment industry can have a louder voice than politicians, and I think its important that they use that voice to say something positive or to give a voice to somebody thats had theirs taken away.
Tariffs that save jobs in the steel industry mean higher steel prices, which in turn means fewer sales of American steel products around the world and losses of far more jobs than are saved.
I believe that a long step toward public morality will have been taken when sins are called by their right names.
In the U.S., these sights are no longer a surprise to me. I see army generals, captains of industry, and politicians of all colours and creeds on American television.
I don't understand the art of compromise, and it's a shame the politicians don't understand that as well, you know, we might have a better, clearer world. But then saying that, we might also get a lot of Donald Trump's running left right and centre.
Many economists and industry experts agree that the United States faces unfair competition and artificially low prices that have damaged the domestic steel industry. But they don't agree that a tariff is the right approach for addressing the problem.
I am cynical about politicians. My experience of politicians has been thoroughly negative. I have found that politicians are people that can not be taken at face value. There are very few politicians I have been impressed with.
Global overcapacity in steel production can no longer be ignored. Foreign governments' intervention in steel markets has had a devastating impact on the U.S. industry.
Whatever the outcome may be, the important thing is to step forward on the path that you believe is right.
I think it is a very important step in the right direction that the Afghans have taken over responsibility for the security in their own country, and NATO being able to end its combat presence in Afghanistan.
China is illegally dumping steel in the United States and Donald Trump is buying it to build his buildings, putting steelworkers and American steel plants out of business. That's something that I fought against as a senator and that I would have a trade prosecutor to make sure that we don't get taken advantage of by China on steel or anything else.
This site uses cookies to ensure you get the best experience. More info...
Got it!