Product
Dysprosium Iron Alloy Price Trend and Forecast
Dysprosium Iron Alloy Price Trend and Forecast
Regional Price Trend
Get the latest insights on price movement and trend analysis of Dysprosium Iron Alloy in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Dysprosium Iron Alloy Price Trend for the First Half of 2023
Dysprosium Iron Alloy is sourced from Dysprosium Oxide and fluorochemicals like CFCs (Chloro Fluro Carbons), so the Dysprosium Iron Alloy price trends closely follow that of its feedstocks. Prices plummeted throughout the first quarter as the downstream demands from metallurgical and magnet industries were negligible because of high inventory stocks.
As the second quarter approached, the Dysprosium Iron Alloy prices continued to decline, but the pace of decline started getting slower, and the steepness of the price curve started decreasing until mid-Q2. In June’23, the price trends started showing reverse oscillations, and the prices started rising as the demands finally started picking up the pace. The revival of manufacturing activities in China was the major reason for the rise in demand. After a long period of demand destruction, the market ultimately strived for stability.
Analyst insight
According to Procurement Resource, the Dysprosium Iron Alloy prices are expected to continue fluctuating within a narrow range, as the demands from downstream industries are going to drive the market fundamentals. The demand is projected to be in equilibrium with the supplies ensuring market stability, at least for some time.
Procurement Resource provides latest prices of Dysprosium Iron Alloy. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
About
Dysprosium iron alloy is a rare material composed of dysprosium and iron. It is a grey metallic solid found in different forms, such as sheets, discs, foils and ingots. It finds applications in grain refining, hardening and making alloys more ductile.
Product Details
| Report Features | Details |
| Product Name | Dysprosium Iron Alloy |
| Industrial Uses | Permanent magnet alloys, smelting additives, grain refining, hardening and improving alloy performance |
| Chemical Formula | DyFe |
| CAS Number | 51199-38-3 |
| Synonyms | dysprosium ferroalloy, ferro dysprosium, ferro dysprosium, Dysprosium-iron |
| Molecular Weight | 218.34 g/mol |
| Supplier Database | China Southern Rare Earth Group Co., Ltd., Xiamen Tungsten, China Minmetals Rare Earth Co.,Ltd., Inner Mongolia Baotou Steel Rare-Earth, Guangsheng Nonferrous, Ganzhou Qiandong Rare Earth Group, Ganzhou Goring Hightech Material, Guangxi Hezhou Jin Guang Rare-earth, Heli Rare Earth. |
| Region/Countries Covered | Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
| Currency | US$ (Data can also be provided in local currency) |
| Supplier Database Availability | Yes |
| Customization Scope | The report can be customized as per the requirements of the customer |
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Production Processes
Dysprosium iron alloy is produced by the molten salt electrolysis method, where dysprosium oxide is mixed with a fluorochemical melt at very high temperatures and in the presence of a DC electric field leading to the separation of Dysprosium (III) on the iron cathode forming the Dysprosium -iron alloy.
Methodology
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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