It is reported that China’s first ferroalloy exchange opened on Monday in Tianjin, which is also the first electronic trading platform in the global range.

China has become the world’s largest ferroalloy producer, consumer, and exporter in recent years.

Tianjin is one of China’s largest ports for the import and export of ferroalloy.

From January to September of this year, China produced altogether 15.195 million tons of ferroalloy, 4.4 percent more than one year prior.