Unions have suspended industrial action at Tata Steel's UK plants while they consult their members on a revised offer from the company.
Unions Community, Unite, GMB and UCATT are in dispute with the company over proposed changes to employees' final salary pension scheme.
"It is good that Tata Steel has ... changed its mind about closing the (pension) scheme. This dispute isn't yet over but through meaningful discussion and negotiation we have made some steps towards finding a resolution," Roy Rickhuss, general secretary of Community union, said.
The unions' industrial action, including an overtime ban and work to rule action, which began on Tuesday morning will be suspended from Wednesday to Saturday. The original plan for strike action on Monday, June 22 has not changed for now.
Tata Steel has approached the UK's independent Advisory, Conciliation and Arbitration Service (ACAS) to help with negotiations with unions on planned industrial action.
"We have contacted ACAS to bring in independent expertise in mediating a resolution to the UK pension dispute. We have requested ACAS to immediately approach the National Trade Union Steel Coordinating Committee to ask them to attend talks," said Tor Farquhar, executive director of human resources at Tata Steel's European operations.