Steel Insights’ July Cover Story turns the spotlight on Karnataka, post the Mines and Minerals (Development and Regulation) (MMDR) Amendment Act, 2015. The state is seeking revisions in the mineral auction proposals of the Union government, which may be incorporated through further amendments to the Act. Special Feature focuses on how steel mills are selling assets, recasting loans to stay afloat in a sluggish market, especially since steel and iron ore lead the stressed assets lists of banks. India cannot afford to take risks when it comes to expanding its steel industry and Special Feature explores how the large blast furnace, not the ultra large, is the reliable workhorse. The Feature section looks at the overall scenario in the ferro alloy industry and how, because of the high cost of power, most units are likely to close down. Also watch out for our regular sections on coking coal prices, ferro alloys and corporates.