Ferrite Magnet Price Trends

Ferrite Price Trends

Updated 11th December 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 October…

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