The British government is urging India-based Tata Steel to agree to a 'responsible sales process' for the UK plants it wants to offload.
Tata is selling its UK steelworks, which employ thousands but have been losing money in the face of a global steel glut.
UK Business Secretary Sajid Javid is in India for talks with Tata's chairman Cyrus Mistry and will also run negotiations with potential buyers.
The chief executive of Liberty Steel, Sanjeev Gupta, has expressed interest in Tata's operations.
Tata employs over 4000 people at its Port Talbot site in Wales alone - from Cardiff, Steve Francis reports.
IN: "Sajid Javid…
OUT: …pensions."
DUR: 35 seconds
http://www.fsnradionews.com/feeds/0406steel-francis1.mp3
Tata is selling its UK steelworks, which employ thousands but have been losing money in the face of a global steel glut.
UK Business Secretary Sajid Javid is in India for talks with Tata's chairman Cyrus Mistry and will also run negotiations with potential buyers.
The chief executive of Liberty Steel, Sanjeev Gupta, has expressed interest in Tata's operations.
Tata employs over 4000 people at its Port Talbot site in Wales alone - from Cardiff, Steve Francis reports.
IN: "Sajid Javid…
OUT: …pensions."
DUR: 35 seconds
http://www.fsnradionews.com/feeds/0406steel-francis1.mp3