The Economy Minister says that the Welsh Government offered 'maximum allowable' financial help to the steel firm Rowecord. But Edwina Hart told the Assembly that the company decided to turn the offer down because of its 'worsening financial position.'
The minister said that Rowecord's management thanked the Welsh Government but felt that the maximum financial support was still not enough. She said officials are in contact with administrators to look at a rescue package and said that she would offer support to any potential buyers.
More top news
Any lingering showers will ease this evening, to leave a dry night with plenty of clear spells. Minimum temperature 11 deg C (52 deg F).
Blackwood mother Trudy Jones was on holiday when she was gunned down in the Tunisian beach massacre that claimed the lives of 30 Britons.
The pair, including a man in his 50s, were struck around midday on the Pen y Fan mountain range in Powys, mid-Wales.