China's First Ferroalloy Exchange Established in TEDA

Tianjin Ferroalloy Exchange Co., Ltd (TFE), the first of its kind in China, was recently officially registered and established in TEDA. With a total investment of 250 million yuan and registered capital of 100 million yuan, the company was funded and established by over 11 ferroalloy and logistics enterprises such as Inner Mongolia Erdos Metallurgy (Group) Co., Ltd., Tianjin Binhai TEDA Logistics Group Co., Ltd., Tianjin Port Development Holdings Limited, etc.

After its establishment, the company will provide a platform for the transactions of ferroalloy products. Focused on electronic spot transactions of ferroalloy, market information counseling, supply chain financing and logistics services, it will organize and guide domestic and foreign ferroalloy traders in the purchase and sale of ferroalloy on the e-platform. In the long term the company will also provide online search for real time information.

The arrival of Tianjin Ferroalloy Exchange Co., Ltd. has filled the blank in this field and will further improve TEDA's regional investment and service environment and propel its regional economic growth.

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