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The UK government's deal with Tata Steel is a "good news story", the secretary of state for business and trade, Kemi Badenoch, has said.
Port Talbot's steelworks will be given up to £500m by the UK government in a bid to keep the plant open and produce steel in a greener way.
Tata Steel will add £700m of its own as it invests in cutting emissions.
But the package could mean as many as 3,000 job losses across the UK.