There are reports of a potential management buyout of the steelworks in Port Talbot. It's understood Stuart Wilkie, Managing Director of Tata Strip Products UK, is heading up a buying team alongside other staff members.
Business Secretary Sajid Javid will travel to Port Talbot today to meet workers and management at the steelworks.
His visit follows the announcement by Tata Steel that they plan to sell off all their UK assets, which could put thousands of Welsh jobs at risk.
Mr Javid will also meet unions, MPs and members of the Welsh Government to discuss the future of the industry.
He's due to work alongside Welsh Secretary Alun Cairns, as well as the Welsh Government to help secure a buyer for Tata’s steel assets.
Business Secretary Sajid Javid described today's crisis talks in Brussels as "constructive".
Minister hints at use of more UK-produced steel in defence projects to aid industry.
Executive Chairman of Liberty House, Sanjeev Gupta, has said he is not "married" to buying Tata's steel business and could still walk away.