Bohai Morning Post quoted Zone’s Investment Promotion Bureau lately said China’s first professional ferroalloy exchange Tianjin Ferro-Alloy Exchange was reported officially to be set up in Tianjin Economic and Technological Development Zone.


According to the report, the Exchange was funded a total of CNY 250 million with registered capital of 100 million.


It is established mainly to serve as a platform of trading ferroalloy products, focusing on spot screen trading, market information inquiry, financing and logistics. It is slated to offer real time inquiry of information on the internet in later period.