Tata Steel is expected to sell its entire UK business, putting jobs at the company's site in Corby at risk.
The news comes as union leaders travelled to Mumbai where the Tata board met to discuss the company's loss-making UK business. They had been hoping Tata would agree to a turnaround plan to keep steelmaking at the Port Talbot plant in Wales, as well as other UK plants.
Thousands of jobs have been lost in the steel industry in the past year, with companies blaming cheap Chinese imports and high energy costs for the UK steel sector's demise.
Bromsgrove MP and Business Secretary Sajid Javid is expected back in the UK today to discuss the future of Tata steel.
With Tata Steel expected to sell off its entire UK operation we look at what we know so far about the crisis facing the UK steel industry.