Neodymium Permanent Magnets —an Industry with Mature Market-driven Competition 20150414

NdFeB Magnet Manufacturer China Rare Earth Magnet Limited 

Neodymium magnet is a kind of permanent magnet material as well as a downstream product mainly made of rare earth.

China Rare Earth Magnet Limited has been specialized in manufacturing sintered neodymium iron boron magnets .

Many other manufacturers given subsidies are still expanding production. However, due to industrial recession, rate of operation of most businesses do not reach 20%-30%. Non-local manufacturers are force to compress productivity.

There are many kinds of neodymium permanent magnets , among which price of high-end products can reach 10 thousand Yuan per kilogram and common products can be sold at 100-200 Yuan per kilogram.

NdFeB products belong to an industry with mature market-driven competition. Price of the whole industry does not fluctuate fiercely. Also, normal profit margin of the whole industry is only 5%-7%.

As the same as steel and concrete, production capacity of neodymium magnet industry has been seriously excess. Rate of operation is possibly 20%-30%. Stimulated by subsidy policy, the benefited manufacturers continue expanding production, but non-local business will be oppressed under recession.

China Rare Earth Magnet Limited
Tags: Neodymium Magnet, Permanent Magnet