India: HC Ferrochrome tender by IDCOL see stronger bids

IDCOL (Industrial Development Corporation Odisha Ltd.) had
floated a tender recently for selling HC Ferro Chrome which was opened on 22nd Nov.

According to a top official from IDCOL, “Participants have bid higher
in the tender that was closed
at Rs 63,548/MT (Basic) Ex-IFCAL Jajpur on 60% pro rata basis”.

The current tender has attained higher bids from the
previous tender that was closed at around Rs 62,500/MT i.e. up by Rs 1,000/MT.


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