The Government is making contingency plans as British Steel faces complete collapse.
The industry has applied for a £75 million pound loan to keep it afloat from the Government.
The steel industry in Britain has been facing major challenges.
The SNP in Scotland used cheap Chinese steel for their Queensferry Crossing, hampering a major contract for the industry five years ago.
The UK economy is more reliant on the services sector now and less so on conventional industry, such as steel.
It is not clear yet what will be the outcome of this.