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Port Talbot Tata Steel: Assembly recalled over crisis Port Talbot Tata Steel: Assembly set for crisis recall
(33 minutes later)
The assembly is set to be recalled to discuss the future of the Port Talbot steelworks, where thousands of jobs are at risk.The assembly is set to be recalled to discuss the future of the Port Talbot steelworks, where thousands of jobs are at risk.
It comes after Tata Steel said it wanted to sell its loss-making UK business.It comes after Tata Steel said it wanted to sell its loss-making UK business.
The Indian firm said it would "explore all options", including "divestment".The Indian firm said it would "explore all options", including "divestment".
Welsh Secretary Alun Cairns told BBC Wales it was a "sensitive matter", but "every option" to save the plant was being explored.Welsh Secretary Alun Cairns told BBC Wales it was a "sensitive matter", but "every option" to save the plant was being explored.
'One voice'
First Minister Carwyn Jones wrote to Presiding Officer Dame Rosemary Butler on Wednesday requesting that the assembly - currently in Easter recess - be recalled on Monday.First Minister Carwyn Jones wrote to Presiding Officer Dame Rosemary Butler on Wednesday requesting that the assembly - currently in Easter recess - be recalled on Monday.
Members were not due to return to the Senedd until after the election in May.Members were not due to return to the Senedd until after the election in May.
Dame Rosemary's office said the request was being considered with an announcement to be made later on Wednesday.Dame Rosemary's office said the request was being considered with an announcement to be made later on Wednesday.
Andrew RT Davies, leader of the Conservative group in Cardiff Bay, said on Twitter: "Pleased the Assembly has been recalled for Monday. Appropriate that Wales speaks with one voice to secure our vital steel industry." However, it is understood the Senedd chamber is currently being refurbished with new IT being fitted, making its availability uncertain.
Nationalisation 'Safe haven'
Tata Steel finance director Koushik Chatterjee confirmed on Wednesday the firm had rejected a rescue plan submitted by the unions, saying: "We found that risks to the plan are very significant."
Andrew RT Davies, leader of the Conservative group in Cardiff Bay, said ministers had a critical role in creating a "safe haven" to allow negotiations to take place.
"What we don't want happening is that a panic situation sets in and Tata actually have an emergency shutdown of the plants," he told BBC News.
"I don't think they've talked about doing that yet but I'm sure their patience is limited."
UK Business Minister Anna Soubry said the UK government was looking at all options to save the Port Talbot plant, including taking a stake in the business.UK Business Minister Anna Soubry said the UK government was looking at all options to save the Port Talbot plant, including taking a stake in the business.
She told BBC Radio 4's Today programme any rescue plan would have to be compliant with European Union rules on state aid for industry.
"I don't know whether 'own' is the right word," she said on the issue of temporary nationalisation of the Port Talbot plant.
"There may be other ways of holding it".
Plaid Cymru's Adam Price responded via Twitter, saying: "Glad to see Plaid's Plan B of temporary steel nationalisation, dismissed as fantasy, has now become official UK and Welsh Government policy."Plaid Cymru's Adam Price responded via Twitter, saying: "Glad to see Plaid's Plan B of temporary steel nationalisation, dismissed as fantasy, has now become official UK and Welsh Government policy."
Sources say unions and senior executives have already come up with with a "turn around" plan for the south Wales plant. Welsh Liberal Democrat Peter Black called on the UK government to "fully nationalise the business so as to make it profitable in the long term so it can be resold at a later date".
However, ministers are understood to be concerned that the south Wales plant could close within weeks if a buyer is not found. Meanwhile the actor Michael Sheen, who comes from Port Talbot, called on ministers to give the steel industry the same support it had given the banking sector.
Writing for The Guardian, he said: "The steel industry was shaken hard by the financial crisis in 2008. The banking industry was helped enormously to recover from that.
"I hope that we can see as much support for the steel industry and its workers now that they face their time of greatest need."