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Production and Market of High-purity iron Powder Market in China 2015-2020

Algoro Research Consultants Pvt. Ltd. - Friday, March 23, 2018.

In recent years, with domestic market demand of high-purity iron powder increasing, the output of high-purity iron powder in China grows fast as well. In 2014, there are around 10 active high-purity iron powder manufacturers in China, and the output of China’s high-purity iron powder has reached to 512,000 tonnes.
In the past three years, the price of China’s high-purity iron powder has shown an overall downward trend, which dropped down to 1,450 yuan/t in 2014.
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High-purity iron powder, as one of the most important raw material for production of ferrite magnetic materials, powder metallurgy and other products, has been widely used in recent years. Its huge market demand also indicates a trend of increase year on year. In 2014, the domestic market demand of high-purity iron powder has reached to 498 thousand tonnes in China.
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It is predicted that in the next few years, with new project put into operation and downstream companies developing, the output and demand of high-purity iron powder will increase steadily, which will reach 1,230 tonnes and 1,200 tonne in 2020 respectively.

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