SESA GOA
Stock rose 4.3%; Metal Index up 2% - Sterlite Industries went up 5.3%, JSPL up 3.37%
Govt official said Karnataka government has recommended approval of 8 iron ore mines and approval of Sesa Goa 2.2 mt/year mine
JSW Steel (up 4.42%) said Vijaynagar operations would return to full capacity in 2 months. Company sees iron ore supply from 8 Karnataka mines in a month and also sees 8 Karnataka mines supplying 5.5 mt/year