NdFeB Blank Production Rises 43% MoM in March 2026, Expected to Grow Further in April

Published: Apr 2, 2026 14:49

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[SMM Rare Earth Flash] According to the SMM survey, total production of NdFeB blanks across the industry reached 29,985.67 mt in March 2026, with the average operating rate at 70.15%, up 43% MoM and up 0.2% YoY. NdFeB blank production was expected to reach 31,173.32 mt in April, with the average operating rate at 72.92%. It was learned that the core reason for the rise in the operating rate from March to April was a rebound after the February trough, rather than rigid growth in downstream orders.

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