The operating rate of magnetic material enterprises is generally not high. Some small magnetic material workshops in Guangdong and Zhejiang have stopped production.

Some small magnetic workshops in Guangdong and Zhejiang have stopped production. May 16, Xinhua News Agency reporter learned from a number of front-line industry insiders, the current first-tier operating rate of downstream magnetic enterprises is about 80-90%, relatively few are full production; the second echelon operating rate is basically 60-70%, about 50% of small enterprises, and some small workshops in Guangdong and Zhejiang have stopped production. Although the operating rate of waste separation enterprises has increased, but due to the slow growth of downstream orders and the shortage of spot waste, physical enterprises purchase on demand and do not dare to hoard inventory. (Wang Bin, reporter of the Financial Associated Press)