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| Tata board meets in Mumbai on Port Talbot steelworks future | Tata board meets in Mumbai on Port Talbot steelworks future |
| (about 3 hours later) | |
| An action plan to save Port Talbot's steelworks is being discussed by owners Tata Steel in India. | An action plan to save Port Talbot's steelworks is being discussed by owners Tata Steel in India. |
| Aberavon MP Stephen Kinnock has joined Community union officials in Mumbai to lobby the board, amid worries the plant could be mothballed. | Aberavon MP Stephen Kinnock has joined Community union officials in Mumbai to lobby the board, amid worries the plant could be mothballed. |
| In January, the plan to cut 1,000 jobs - 750 at Port Talbot - was announced. | In January, the plan to cut 1,000 jobs - 750 at Port Talbot - was announced. |
| The company blamed "extremely difficult market conditions" due to falling European prices caused by cheap imports, particularly from China. | The company blamed "extremely difficult market conditions" due to falling European prices caused by cheap imports, particularly from China. |
| Tata employs about 5,500 people in Wales and has made 5,000 cuts in the UK over the last year. It is estimated to be losing £1m a day at Port Talbot alone. | Tata employs about 5,500 people in Wales and has made 5,000 cuts in the UK over the last year. It is estimated to be losing £1m a day at Port Talbot alone. |
| The action plan to cut costs is seen as giving the plant the chance of a long term future. | The action plan to cut costs is seen as giving the plant the chance of a long term future. |
| Last week, Prime Minister David Cameron backed Mr Kinnock's efforts and said the UK Government wanted "to be very supportive and very helpful" to the UK steel industry. | Last week, Prime Minister David Cameron backed Mr Kinnock's efforts and said the UK Government wanted "to be very supportive and very helpful" to the UK steel industry. |
| He said the market situation was difficult but the government has already taken action on public procurement and state aid compensation. | He said the market situation was difficult but the government has already taken action on public procurement and state aid compensation. |
| Community met Tata Steel Europe's new chief executive Hans Fischer amid reports Tata would pull the plug on the plan to save Port Talbot steelworks. | Community met Tata Steel Europe's new chief executive Hans Fischer amid reports Tata would pull the plug on the plan to save Port Talbot steelworks. |
| The final decision will be made by the 11-member Tata Steel board, led by chairman Cyrus Mistry. | The final decision will be made by the 11-member Tata Steel board, led by chairman Cyrus Mistry. |
| It includes five members of the Tata Europe board but not Mr Fischer, who was appointed earlier this month after the departure of chief executive Karl Koehler. | It includes five members of the Tata Europe board but not Mr Fischer, who was appointed earlier this month after the departure of chief executive Karl Koehler. |
| The meeting is expected to last all day although employees will be told of any decision before an announcement is made. | The meeting is expected to last all day although employees will be told of any decision before an announcement is made. |
| Roy Rickhuss, general secretary of Community said the turnaround plan, which included more than 1,000 job losses, had been "tough to accept" but the union was determined to make it work. | Roy Rickhuss, general secretary of Community said the turnaround plan, which included more than 1,000 job losses, had been "tough to accept" but the union was determined to make it work. |
| He said reports suggesting the Tata board in India would reject the plan were concerning and Community would be doing all it could. | He said reports suggesting the Tata board in India would reject the plan were concerning and Community would be doing all it could. |
| The UK Government's Business Minister Anna Soubry said it was prepared to consider "all options" to ensure that steel production continued at the south Wales site. | |
| Why is Port Talbot steelworks important? | Why is Port Talbot steelworks important? |
| How the town's fortunes mirror the steelworks | How the town's fortunes mirror the steelworks |
| Port Talbot steelworks: Through generations of one family | Port Talbot steelworks: Through generations of one family |
| WHO IS CYRUS MISTRY? | WHO IS CYRUS MISTRY? |