How the Tata Steel developments unfolded in 2016
A commitment to secure jobs and production at Port Talbot and other steelworks across the UK has been announced by Tata Steel.
It could bring an end to eight months of uncertainty for thousands of workers who faced losing their jobs when Tata's UK business was put up for sale.
Tata held talks with unions on Wednesday and said it was "an important step forward" for its future in the UK.
But workers still have to agree to pensions changes and will be balloted.
BBC Wales' business correspondent Brian Meechan looks at how the situation unfolded.