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
All calm and quiet overnight, but southern areas could be in for a surprise tomorrow!
Scottish people living in Wales have been giving ITV News their opinions about the Scottish referendum vote on Friday.
While the campaign trail in Scotland has hotted up today, in Wales businesses are keeping a close eye on tomorrow's decision.