China March Rare Earth Magnet Exports Drop 1.6 Percent
Chinese exports of rare earth magnets reached 5,238 metric tons in March, a 1.6 percent decline from a year ago. Shipments rose 10.5 percent from February levels.
Xurve View
Xurve View
Exports of rare earth magnets from China saw a decline of 1.6% in March compared to the same month last year, according to recent customs data. Despite the year-on-year drop, shipments rose by 10.5% when compared to February's figures.
Data released by the General Administration of Customs on Monday indicated that the world's largest producer of these magnets exported a total of 5,238 metric tons during the month.
