Tata Steel will cut 1050 more UK jobs in what the industry is calling a "wake up call" for the government.
The news comes on top of hundreds of cuts announced by Tata last year, which it blamed on plunging steel prices.
About 750 of the latest job losses are expected in Port Talbot to help save the Welsh site, the UK's biggest steelworks.
Another 300 jobs could be lost at steel mills in Llanwern, Trostre, Hartlepool and Corby, according to reports.
Port Talbot, which currently employs 4000 workers, is the biggest steel plant in Britain in terms of workforce and output, but is understood to be losing £1 million/d.
Tata Steel is expected to make a statement later today.
Edited from various sources by Elizabeth Corner
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