Tianjin Ferrolloys Exchange (TFE) open in Tianjin Yesterday. It was comprised by some Chinese major Ferro silicon plants to exchange Ferro silicon, Ferro Manganese and chrome .and try to make a price index of ferroalloys in China.
TFE did not show its test operation , it is just a open ceremony and about 200 guests from Ferroalloys industry attent. People donot know how it will influence the market, and worry about it is purpose and prefer to see what is going on and decide to sell or buy in this exchange in future.
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