The U.S. Army selected REalloys to build a rare earth processing complex at Tooele Army Depot, aiming to break China's dominance. A DLA contract earlier expanded samarium metal production. Samarium-cobalt magnets used in F-35s are a key end-use. The 2027 ban on Chinese rare earths may tighten compliant samarium supply and push prices up.
| Product | Region | Incoterm Basis | Price | Last Updated Month |
|---|---|---|---|---|
| Samarium Cobalt (SmCo) Magnets | China | FOB | USD 44,135.72/MT | June 2026 |
| Samarium Cobalt (SmCo) Magnets | India | CIF | USD 14,487.12/MT | June 2026 |
| Samarium Cobalt (SmCo) Magnets | USA | CIF | USD 14,554.12/MT | June 2026 |
| Samarium Cobalt (SmCo) Magnets | Germany | CIF | USD 14,520.12/MT | June 2026 |
| Samarium Cobalt (SmCo) Magnets | Australia | CIF | USD 14,465.12/MT | June 2026 |
Stay Updated with the Latest Samarium Cobalt (SmCo) Magnets Prices, Historical Data, and Tailored Regional Analysis
Samarium Cobalt (SmCo) magnets markets remained firm during Q1’26, supported by restricted rare-earth feedstock movement, cobalt supply controls, and steady demand from high-performance industries. In Asia, China’s controls on samarium alloys, compounds, metals, and oxides limited the availability of critical feedstock for magnet producers. Cobalt availability also remained constrained, with Congo’s export quota set at 18,125 tons of contained cobalt for the rest of 2025 and up to 96,600 tons per year in 2026 and 2027, including 9,600 tons for strategic reserves. Europe and North America stayed exposed to Asian rare-earth and magnet supply chains, while aerospace, defense, electronics, and high-temperature motor users continued need-based procurement. In the latter part of the quarter, the Iran war and Strait of Hormuz closure added logistics pressure, as shipping through the route remained disrupted, and the strait normally carries around 20% of global oil supply.
Analyst Insight
According to Procurement Resource, SmCo magnets markets may remain firm in the near term if samarium controls and cobalt quota limits continue. Any easing in rare-earth export movement could reduce procurement pressure.
Need latest Samarium Cobalt (SmCo) Magnets price?
Get real-time price assessments, periodic trends, forecasts and price driver insights across key global markets.
Unlock Price Insights NowOur Clients
Turn price intelligence into action with the Procurement Resource Database. Log in or subscribe to unlock live price trends, historical charts, supplier databases, cost curves, and analyst-backed insights across chemicals, agriculture, energy, packaging, and more. Use these tools to benchmark your contracts, plan budgets with confidence, and stay ahead of market moves on every product you buy.
0
+Products
0
+Regions
0
+Subscriptions
Samarium cobalt (SmCo) magnet is a rare earth permanent magnet made from samarium and cobalt. It offers high magnetic strength, strong corrosion resistance, and excellent temperature stability, making it suitable for demanding applications in defense, aerospace, electronics, motors, actuators, and medical devices.
Arnold Magnetic Technologies, Adams Magnetic Products Co., Eclipse Magnetics Ltd., Hangzhou Permanent Magnet Group Ltd., Ningbo Ninggang Permanent Magnetic Materials Co. Ltd. (NGYC), Ningbo Ketian Magnet Co., Ltd., Thomas & Skinner Inc.
SmCo magnet, samarium cobalt magnet, samarium-cobalt permanent magnet, rare earth cobalt magnet, SmCo5 magnet, Sm2Co17 magnet.
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
Customization ScopeThe report can be customized as per the requirements of the customer
Post-Sale Analyst Support360-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.
Samarium Cobalt (SmCo) Magnet Production by powder metallurgy, where samarium and cobalt alloy is melted, crushed into fine powder, pressed in a magnetic field, sintered at high temperature, heat treated, machined, and magnetized to obtain the required magnet shape and strength.
SmCo magnets are used in defense systems, aircraft components, missiles, radar equipment, motors, actuators, industrial equipment, electronics, medical devices, renewable energy systems, and high-temperature applications.
Our Price Analysis Methodology
Senior Business Insights Analyst
Delivering price trend analysis and procurement market insights at Procurement Resource, with expertise in identifying commodity patterns, supporting purchasing strategies, and improving cost efficiency through actionable market intelligence.
Experience how Procurement Resource transforms raw material price data into clear, decision ready intelligence. Optimise your performance with reliable, expert market data and analysis. Schedule your demo today to experience a live walk-through where our experts will showcase interactive price charts, forecasted prices, and insights driving the prices for your key commodities, tailored to your workflows. Contact us now!
Our Team will be happy to assist you
We are just a text away
Still Need Help?
Europe & Africa
+44 7573 171117
Sales@procurementresource.com
USA & Canada
+1 307 363 1045
Sales@procurementresource.com
APAC
+91 8850629517
Sales@procurementresource.com
Unlock full access to Procurement Resource's price databases, interactive charts, and short-term forecasts for thousands of commodities. Elevate your sourcing decisions by comparing prices across regions, downloading historical data, and layering in analyst-backed insights, all with our flexible plans that scale as your portfolio grows.
Still have any Questions
Contact Us
Price Trend Dashboard - What's Included
Price trends across a diverse portfolio of categories and products, spanning board to niche chemicals
Coverage extendable to grade-specific chemicals based on procurement requirements
Regular price tracking supported by robust historical datasets
News, policy updates, and key market drivers impacting price movements
Short-term and long-term price outlooks and forecasts
Supply-demand dynamics and capacity-driven market analysis
Track prices, market movements, supply-demand dynamics, and industry developments across hundreds of commodities through a centralized intelligence platform built for informed procurement decisions.
Understand market fluctuations using analyst-backed forecasts, historical pricing patterns, and evolving industry trends to strengthen sourcing strategies and budget planning.
Leverage cost models, pricing benchmarks, and procurement insights to evaluate purchasing opportunities, improve negotiations, and enhance operational efficiency.
Access region-specific price trends, trade activities, capacity changes, and supply chain developments influencing commodity markets worldwide.
