SMM Analysis: January Sees Slight Drop in NdFeB Magnetic Material Production Amid Pre-Holiday Peak

[SMM Analysis: Slight Decline in Magnetic Material Production in January, What Is the Post-Holiday Market Trend?]

In January 2025, the domestic production of NdFeB magnetic materials decreased by approximately 8% compared to the previous month. According to SMM's survey, at the beginning of January, due to some pre-holiday stockpiling orders from the downstream market, magnetic material enterprises actively ramped up production to fulfill these orders, with production enthusiasm reaching a peak.