The UK government is considering "all options" for the Indian-owned steel plant in Wales after Tata steel announced it is planning to sell its UK operations.
Thousands of jobs in Port Talbot and at other plants are at risk if the plant closes, a move which will devastate communities heavily reliant on the steel industry.
Our UK correspondent Martha Holeyman reports.
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In January the company announced more than 1,000 job cuts in the UK amid reports the plant in Port Talbot was losing 1.4 million dollars a day.
Following a meeting in Mumbai on Tuesday, Tata Steel said it planned to sell the UK steel business, putting thousands of jobs at risk.
The UK government has been criticised for not taking the situation seriously. Prime Minister David Cameron cut short a family holiday while business secretary Sajid Javid returned early from a visit to Australia to lead the government's response.
Though callers to the LBC radio show were of the opinion the government aren't doing enough.
CLIP
VO UK Business Minister Anna Soubry told the BBC if another buyer does not take over the plant, the government would consider 'all other options' including its own financial support.
Meanwhile the UK Shadow Business Secretary Angela Eagle said the government needs to act quickly.
CLIP
VO Several reasons lie behind the slump in the UK steel industry.
Energy prices have risen, and there's the extra cost of UK climate change policies.
But cheaper steel produced in China is something UK can no longer compete with according to Matt Ball from the Steel Worker's trade union 'Community'.
CLIP
VO Against a backdrop of a global economic downturn, demand for steel is falling around the world.
For this reason finding a buyer for the whole business may not be straightforward. But Mr Ball says the government could do more.
CLIP
VO The UK government said it is working tirelessly to find a long-term solution to the steel crisis, after Tata Steel said it could not give an "open ended" commitment to keep the UK plants open while a buyer was sought.
Martha Holeyman, London
