Live updates


Welsh Secretary hopes Steel Summit will result in a 'positive plan of action'

Today's Steel Summit has been called in response to the closure of the SSI steel plant in Redcar but Wales' steel industry appears to be suffering too.

Following Tata Steel's announcement in August that it would be mothballing its hot strip mill at Llanwern to concentrate production at Port Talbot.

Whilst workers at the Liberty Steel mill in Newport are getting ready to roll steel again, the industry appears to be experiencing both highs and lows.

Secretary of State for Wales Stephen Crabb. Credit: Isabel Infantes / PA Images

Secretary of State for Wales Stephen Crabb says he is hoping that today's steel crisis summit will result in a "positive plan of action" for the Welsh steel industry:

Today's Steel Summit is an opportunity to demonstrate our support for this vital industry, which is so important to the Welsh economy. I hope the discussions will result in a positive plan of action that will help the steel industry weather what are without question challenging global conditions.

– Secretary of State for Wales, Stephen Crabb

120 manufacturing jobs to be created in Newport

One hundred and twenty jobs are to be created at the former Rowecord site in Newport, with steel company AIC Steel investing in a new manufacturing facility in the area.

The Rowecord plant went into administration in April 2013, making 430 people redundant. Some of those to be employed by AIC will be those who lost their jobs last year:

We chose Newport as our manufacturing hub as it has a culture thats supports heavy industry and a skilled local workforce. There is a good supplier infrastructure in south Wales that we can tap into, and the port will be integral to our export activity"

– Michael Treacy, CEO of AIC Steel UK


"Economic pressures" prompt Tata 'stay home' offer

Workers at the Tata steel plant in Port Talbot have been sent letters inviting them to stay home at half pay during March.

It's understood that the majority of the 5000 workers based there have been offered the deal.

A spokesman said the scheme was "a very flexible approach"

The invitation is entirely voluntary asking if we would like to take time off at 50% pay during March. We are looking to reduce our operating costs at a time when we face tough economic pressures and when we are about to carry out major engineering work which shows a commitment to the plant's future

– Robert Dangerfield, Tata spokesman