IDCOL tender for HC ferrochrome may fetch higher bids

IDCOL, Odisha had invited sealed bids for sale of HC ferrochrome 60% which will be closed today i.e. 17^th Jan. The previous tender in December was settled at Rs 63,500/MT. Looking at the improved market scenario it is believed that the current tender in January will fetch higher bids at around Rs 64,000-65,000/MT.