Jul 29, 2022 / 12:00PM GMT
Operator
Hello, and welcome to Aperam Q2 2022 Results Call. I will now hand over to your host, Timoteo Di Maulo, CEO of Aperam to begin today's conference. Thank you.
Timoteo Di Maulo - Aperam S.A. - CEO
Thank you. Hello, everybody, and welcome to this call. I'm here with Sudhakar Sivaji, which is the CFO of Aperam. And this call follow the publication of our Q2 results and the podcast with the highlights of the quarter. As this has been published, I start immediately giving you the possibility to do the question and for us to answer.
Questions and Answers:
Operator(Operator Instructions) The first question comes from Ioannis Masvoulas from Morgan Stanley.
Ioannis Masvoulas - Morgan Stanley, Research Division - Equity Analyst
Two questions from my side. First, on the M&A front, can you talk about the industrial logic of a potential deal with Acerinox, especially given European Commission's rigid approach and merger remedies that might have diluted any potential synergies? And then