Analysis of the current neodymium iron boron market

Although there are certain technical and financial barriers to the production of raw materials for neodymium iron boron, a single rough embryo magnet processing production has low technical requirements, low costs, and low threshold, making neodymium iron boron magnet factories blooming everywhere in the manufacturing capital of the Pearl River Delta. Including small workshops for accessory processing of magnet products, Dongguan neodymium iron boron strong magnet factories are rampant. In the Spring and Autumn Period and the Warring States Period, there were still only a few countries competing for hegemony. Even though the Three Kingdoms were well-known, the processing factories in the Nd-Fe-B industry were even more chaotic than those in the Five Dynasties and Ten Kingdoms period.
The market has its own Conservation law. When the supply of one product exceeds the demand in one industry, it will inevitably lead to malicious competition of industry products, and it is difficult to avoid price war and quality competition. Generally speaking, there is only sunset enterprises in industries without sunset. Facing such a dense and harsh competition environment, how to maintain the operation of NdFeB production enterprises and achieve profits is the top problem faced by many entrepreneurs.
Some small processing factories lack quality control and dare to quote very low prices, seriously affecting the industry's price market and overall quality image. Faced with the constantly rising prices of neodymium iron boron raw materials and the adjustment of the country, we believe that this industry will usher in new opportunities.
The world is progressing, and major industries are developing as a bridge between the past and the future, and the magnet industry is no exception. From the beginning, Yanhe Magnetoelectronics Company started with a high-end layout, from sintering neodymium iron boron raw materials to magnetic machining, surface electroplating treatment, and achieving full industry supporting production. Continuously exploring new product application fields in the magnet market. Nowadays, we can produce ordinary performance magnets, high-performance magnets, high-temperature resistant magnets, conventional strong magnetic products, and various special-shaped products. We have been committed to providing high-performance and high-quality strong magnetic element devices for domestic and foreign manufacturers. Our products are widely used in electronic components such as permanent magnet motors, medical equipment, controller sensors, intelligent wearables, automobiles, robots, intelligent manufacturing, earphones, and other fields. Becoming a high-quality supplier of accessories for many well-known brands.