Q: Here is a chart of Steel prices would anybody care to make a guess about what this means for Nd prices?
A: Nothing.
To Iron/Steel NdFeB is a very minor proportion of usage. And to magnets the Fe cost is pretty negligible.
Magnet pricing would of course be relevant to Nd pricing and vice versa.
NdPR price, page-1473
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Last
$7.04 |
Change
-0.110(1.54%) |
Mkt cap ! $6.580B | |||
| Open | High | Low | Value | Volume |
| $7.14 | $7.14 | $6.93 | $27.05M | 3.859M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 153694 | $7.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.04 | 51746 | 5 |
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