Bhubaneswar, Jan 21:
High carbon ferrochrome tender by IDCOL fetches bids higher
by Rs 2000/MT in January.
IDCOL (Industrial Development Corporation Odisha Ltd.) had recently
floated a tender for selling HC Ferrochrome which was opened on 17th Jan.
According to a top official from IDCOL, “Participants
have bid higher in the tender and it was closed at Rs 65,888/MT (Basic)
Ex-IFCAL Jajpur on 60% pro rata basis, i.e. up by Rs 2300/MT from the December
tender”.
“Improved sentiments in the market driven by export demand
have lead to the rise in bids for Januaryâ€Â, he added further.
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