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.