SMM Output For Pr-Nd Alloy In July And Forecast For August

SHANGHAI, Aug 15 (SMM) –

In July 2023, domestic production of Pr-Nd alloy was 5,082 mt, a decrease of 4% MoM. The reduction in Zhejiang and Sichuan is more obvious, and the output in other regions fluctuates less than in June.
According to SMM, some factories in Zhejiang were relocated, so production shrank recently. The production of those factories is expected to resume in September. Therefore, the output in the Zhejiang area decreased by about 8.6% month-on-month. Due to the Universiade opening in Sichuan, the local factories need to respond to the call for energy conservation and emission reduction, causing the output in Sichuan to be down 22% from the previous month.