Year End Metals Pricing Review

Year End Metals Pricing Review

Posted January 25, 2022

2021 ended with PrNd pricing doubled for the year and double digit increases in prices for the key raw materials used in NdFe (Neo) and SmCo. Metal prices are expected to remain high in 2022.  (This information should not be used for investment purposes)

2021 data for materials used in magnetic cores show double digit price increases though slightly less than the increases in permanent magnet raw materials.  We will continue to monitor and report out monthly.

We highly recommend that customers place blanket or other long-term contracts to guarantee an uninterrupted flow of materials. At Allstar, managing the supply chain is a critical component of our services and we are monitoring the situation closely. Check our email blasts and “News Posts” for monthly updates.

Year End Metals Pricing Review

Metals Forecast

Posted December 17,  2021

METALS FORECAST

This last year has seen large fluctuations in metals pricing for components used in the manufacture of magnetic cores and rare earth magnets. Factors driving the prices up including supply shortages, increased production costs and the continued growing demand.

Rare Earth Forecast:

AugustSeptemberOctoberYear to Date
PrNd
% Change
-0.7%-1.6%16.4%45.5%
DyFe
% Change
-0.8%4.1%5.6%36.0%
Cobalt
% Change
-2.9%4.9%8.0%31.6%

In the month of November, PrNd rose by 15.8% and Cobalt by 7.6%.

[vc_separator type=’normal’ position=’center’ color=’#8e2321′ thickness=’2′ up=’30’ down=’20’]

Magnetic Cores Forecast:

Part No.Item DescriptionUoMProduct Cat.Sub Cat.
0059122A2OD17/10/6 EDGE CORE 026 PERM

PCS

Powder Core

EDGE Core

0059083A2OD40/24/15 EDGE CORE 060 PERMPCS

Powder Core

EDGE Core

0059894A2

OD 28/14/12 EDGE CORE 060 PERM
PCS

Powder Core

EDGE Core

0059254A2

OD40/24/15 EDGE CORE 125 PERM

PCS

Powder Core

EDGE Core

0059120A2

OD17/10/6 EDGE CORE 125 PERM

PCS

Powder Core

EDGE Core

0059381A2

OD17/10/6 EDGE CORE 060 PERM

PCS

Powder Core

EDGE Core

0059930A2

OD27/15/11 EDGE CORE 125 PERM

PCS

Powder Core

EDGE Core

0059380A2

OD17/10/6 EDGE CORE 125 PERM

PCS

Powder Core

EDGE Core

0059848A2

OD20/13/6 EDGE CORE 060 PERM

PCS

Powder Core

EDGE Core

In the year to date, Nickel rose by 18.1% and Zinc by 18.7%.

[vc_separator type=’normal’ position=’center’ color=’#8e2321′ thickness=’2′ up=’30’ down=’20’]

We highly recommend that customers place blanket or other long-term contracts to guarantee an uninterrupted flow of materials. At Allstar, managing the supply chain is a critical component of our services and we are monitoring the situation closely. Check our email blasts and “News Posts” for monthly updates.

Rare Earth Metals Forecast

Rare Earth Metals Forecast

Posted November 8,  2021

Rare Earth Metals Forecast

This last year has seen large fluctuations in rare earth metals pricing and some like PrNd and DyFe have more than doubled since October of last year. PrNd and DyFe are two metal components used in the manufacture of the very popular NdFeB (Neo) magnets.

In the month of October, PrNd rose by 16% and DyFe by 5% – with many factors driving the prices up including supply shortages, increased production costs and the continued growing demand.

We highly recommend that customers place blanket or other long-term contracts to guarantee an uninterrupted flow of materials. At Allstar, managing the supply chain is a critical component of our services and we are monitoring the situation closely. Check our email blasts and “News Posts” for monthly updates.

PLATING / COATINGTHICKNESSCOLORTw (°C)PRICEINDOOR USEABRASION RESISTANCEHUMIDITYWATERSALTY AIRSALTWATERGLUE ADHESIONPRICEINDOOR USEABRASION RESISTANCEHUMIDITYWATERSALTY AIRSALTWATERGLUE ADHESIONTotal
Passivate0.1-0.5 MicronsGrey≤230LowAcceptableAcceptableBadBadBadBadBest1334444124
Nickel (Ni-Cu-Ni)10-20 MicronsSilver≤230LowGoodGoodGoodAcceptableAcceptableAcceptableAcceptable1222333319
Chemical Nickel (Ni-Cu-Ni-ChNi)10-20 MicronsSilver≤230HighBestGoodBestBestBestBestGood10121111219
Zinc (Zn)6-10 MicronsSilver-Gray≤160LowGoodAcceptableAcceptableAcceptableBadBadGood1233344222
Gold (Ni-Cu-Ni-Au)10-20 MicronsGold≤230HighGoodGoodGoodAcceptableAcceptableAcceptableAcceptable10222333328
Silver (Ni-Cu-Ni-Ag)10-20 MicronsSilver≤160HighGoodGoodGoodAcceptableAcceptableAcceptableAcceptable10222333328
Black Epoxy (Ni-Cu-BE)15-25 MicronsBlack≤160MediumBestBadBestBestGoodGoodAcceptable5141122319
Raw Epoxy (BE)10-20 MicronsBlack≤160MediumBestAcceptableBestBestGoodGoodAcceptable5131122318
Tin (Ni-Cu-Sn)10-20 MicronsSilver≤160MediumGoodBadGoodAcceptableGoodAcceptableBad5242323425
Parylene (Parylene C)8-15 MicronsGrey≤230MediumGoodBadGoodAcceptableGoodAcceptableBad5242323425
Plastic (ABS)>800 MicronsVarious≤160HighBestBestBestBestBestBestGood10111111218
Teflon® (PTFE)250-500 MicronsBlue≤230HighBestBestBestBestBestBestBad10111111420
Everlube-6155®8-25 Microns Silver-Gold Satin≤230HighBestBestBestBestBestBestAcceptable10111111319
Best > Good > Acceptable > Bad

Rare Earth Metals Forecast

Rare Earth Metals Forecast

Posted March 3, 2021

At Allstar we understand your need to have a reliable and consistent supply chain, so we closely monitor the prices of rare earth metals and other materials used for permanent magnets.  In the last several months there has been a notable uptick in metals pricing that is having an impact on magnet costs.

Date Cobalt Neo Terbium DyFe Copper
Nov 2020 4% 8.5% 2% 5.5% 3%
Dec 2020 24% 15% 5% 16% 16.6%
Feb 2021 37% 29% 36% 32% 20%

 Data as of 2/25/21 Data source Zhaocicai.com

While it is difficult to predict how this volatility will impact the long-term pricing in the permanent magnet market, Allstar is proactively offering solutions to help you mitigate risk and lock in pricing to ensure just-in-time delivery.  Allstar has blanket agreements with flexible inventory, warehousing and stocking arrangements.

Contact your Allstar sales rep today to secure your uninterrupted supply chain.