PRICES

Price Adjustment

For the past two years, the prices for neodymium iron boron magnets have been increasing. By implementing various economic measures and through long-term contracts with manufacturers, we have successfully managed to keep our prices stable. But since the beginning of this year, the price of neodymium has quadrupled.
We hope you will understand that a change in price is now necessary. In order to maintain our high quality standards and our reliability we will be altering our stock prices from 01.07.2011. The revised prices are available from our website. Further price increases in raw materials are to be expected and, unfortunately, I cannot exclude further price adjustments in the future.

I will be only too pleased to prepare individual graduated price quotations for you, or to come to an agreement regarding price guarantees for an annual purchase quantity. This offers both of us a measure of security for future planning.