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Economic Trends
Ferrite Magnet Price Trends
Updated 3rd May 2023 The Strontium Ferrite (SrFe12O19) permanent magnet (also known as a ceramic magnet) is the most commonly used magnet material. Each Ferrite Magnet consists of approximately 90% iron oxide and 10% strontium carbonate. In June 2021, the price of Strontium Carbonate rose sharply, peaking at 22,250 CNY/MT in July 2021. By April…
Read MoreNeodymium Price Trends
Updated 11th April 2023 At the beginning of April 2023, the price of Neodymium fell to the lowest level since July 2021. This is 53% down on the recent price peak seen in March 2022. Since the beginning of February 2023 the price trend of Neodymium shows a steadily decline, although there are signs of…
Read MoreBunting-Berkhamsted 2020 Review
On January 1st, nobody could have predicted the challenges businesses would face in 2020. Despite the restrictions and obstacles presented by the Covid-19 pandemic, companies adapted and continued to design and manufacture as they supported customers. December provides the ideal opportunity to reflect on many of Bunting-Berkhamsted’s positive news stories shared in 2020. A Positive…
Read MoreBunting Europe Announces Record Monthly Sales
Continued UK Manufacturing Success for Bunting Bunting has had two consecutive months of record sales in September and October 2017. The latest announcement of record monthly sales follows a prolonged period of growth. Sales in 2016 reached a record high for the European operation and in January Bunting announced the acquisition of UK magnetic separator…
Read MoreRecord Sales Month for Bunting
Magnet and Magnetic Separator Manufacturer Hits New Heights We are thrilled to announce that we recorded our highest ever monthly sales in September 2016. The end-of-month sales figure surpassed seven digits and exceeded the previous highest month by 10%. Simon Ayling, our Managing Director, explained the reasons for the continued growth. “September 2016 was the…
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