Rare Earth Magnet Pricing Trends (250320)

China Spot Market – Rare Earth Magnet Materials Daily Quotation, Just for Reference!

▌Market Snapshot

Pr-Nd Alloy

  • Current Range: 543,000 – 547,000
  • Price Trend: Steady with narrow fluctuations

Dy-Fe Alloy

  • Current Range: 1,630,000 – 1,640,000
  • Price Trend: Firm demand supports upward momentum

Magnetization is the process of imparting magnetic properties to a material that initially lacks them. When ferromagnetic materials (like iron, nickel, or cobalt) are exposed to a strong magnetic field, their tiny magnetic domains gradually align, creating magnetism. Magnetization can be temporary or permanent, depending on the material’s properties. For instance, soft iron is easily magnetized but also easily demagnetized, while steel retains magnetism longer. The magnetization process plays a crucial role in manufacturing permanent magnets, electromagnets, and storage devices like hard drives.


Post time: Mar-20-2025