)
Knowing well their native places lack opportunities, Northeasterners return home, unwillingly
More dip expected, with rupee decline balanced by fall in global price, depressing shipment
Companies such as BMM Ispat, Kalyani Steels, Kirloskar Ferrous and MSPL are working on 20 days to one-month inventories
Firms like JSW Steel could face closure if mining does not resume soon
Initiates steps to resolve teething problems and procedural delays
Besides hope on mining resumption, intends to import ore from other states has only 2 months stock for Bellary unit
Leases with SC panel-nod yet to get legal approvals from Indian Bureau of Mines operations unlikely to start before October
Projection more than guidance pins hope on additional Karnataka mines restarting ops