Secretary of State for Wales, Alun Cairns, has welcomed the Tata proposals which will secure the future of jobs and production at Port Talbot.
Commenting on the announcement, Alun Cairns said no stone had been left unturned in the Welsh Government's work to support the steel sector.
The progress made over the last few days between Tata and the trade unions over a proposal to put to workers is a welcome development. The UK Government continues to work with partners, the Unions and the Welsh Government to ensure we find a long-term viable solution for the industry.
We have left no stone unturned in our work to support the steel sector and we have been addressing the challenges facing the industry. We are committed to working with a range of parties to achieve a sustainable long term future for steel making at Port Talbot.
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There has been no progress in tackling Tata Steel's pensions deficit since Theresa May became Prime Minister, the First Minister has told AMs. Answering questions in an Assembly scrutiny committee, Carwyn Jones also said that the position of Port Talbot steelworks was "better but not out of the woods".
The UK government is not engaging in the same way as it was when the pervious Prime Minister was there. David Cameron did take as personal interest. That's gone with this current government.
Mr Jones said it was crucial the proposed merger between Tata and Thyssen-Krupp didn't lead to Port Talbot losing one of its two blast furnaces. He added that it would be an "immense disappointment" if there's no action to reduce energy costs in next week's autumn statement by the Chancellor. The fall in the value of the pound had helped but prices were still 37% lower in Spain.
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