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Magnet News – August 2021

The price of Neodymium reached a 9-year high in March 2021, rising by 42% since the beginning of the year (Trading Economics). As of the beginning of this month, the price is moving up to March’s high and experts estimate it could go even higher! The projected price trend in the short and long term […]

DigiKey Maintains Strong Business Relationship with Radial Magnet

Radial Magnet Inc. offers factory-direct pricing on custom and stock neodymium, rare earth, samarium cobalt, ceramic, alnico, and other industrial magnets for various commercial and industrial uses across the automotive industry, security industry, and more. The applications are endless from credit card readers, stepper motors, read switches, magnetic blinds, transmissions, and thousands of industrial uses. […]

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