Daido Steel Expands SmFeN Magnet Material Offerings
Daido Steel has enhanced its samarium-iron-nitrogen (SmFeN) product range to meet growing demand for rare-earth magnets. This development aims to achieve an annual market deployment of 200 tons by 2030, supporting sectors such as automotive and semiconductors.
Theia Market Signal Identification - AI AssistedDaido Steel has expanded its offerings of samarium-iron-nitrogen (SmFeN) magnetic powder and compounds, aiming for a target of 200 tons annual deployment by 2030. The company introduced new polyamide (PA) resin and polyphenylene sulfide (PPS) resin compounds, enhancing its production capabilities with a new large-scale kneading machine at its Tsukiji Techno Center.
SmFeN materials are positioned as alternatives to neodymium-iron-boron (NdFeB) magnets, which face supply chain vulnerabilities. SmFeN provides superior corrosion resistance and stability in humid conditions, suitable for semiconductor applications. This expansion may mitigate concentration risks in the rare-earth supply chain, addressing environmental and procurement flexibility needs.
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