In the past 30 years, China market grow up quickly in terms of manufacturing industry. Especially like the magnet industry. The global business grow up also increased the demands of magnet consumption. So we can see the magnets manufacture volume are increasing quickly like below curve.

However, Since 2021, the demands of magnets are significantly decreased. The weak of the real estate industry and the falling metal price cause a bad magnet consumption market. Of course, the Pandemic of Covid-19 is the key point to lead the weakness of global business, and further cause the commodity price go down.

Anyway, As an old name in magnet suppliers, we still keep our confidence to keep the competitive. Some ways are adapted like improving the management, decreasing the purchase cost and developing the new products to keep our production line in stable way.

At present, we will stay with our clients together to decrease the cost in production to save money to waiting the spring coming. So don’t hesitate to call us for new product cooperation in magnet applications.

www.qianglianmagnet.com is your best choice!