Président Directeur Général de ISPAT ANNABA (N/A )

Q1 First of all we want to thank you for receiving us and taking your time to be here with us. My first question would go to the decision of ISPAT to invest in algeria. Why did you decide to come to algeria and why did you decide to take over SIDER?

A1 On the one hand, we have not taken over SIDER, we only have taken over 10 subsidiaries of SIDER. We came here because we are in the steel business. LNM Group is in the steel business. As you probably are aware of we are the second largest steel manufacturer in the world. Our strength is steel. And then the steel mill was offered to us and we found tha ...