QUES: Do our local magnets shop buy from China?
ANS: Almost all of the rare earth magnets are imported from China. Local shops order in batch quantity and have these magnets shipped by sea to decrease their delivery costs.
QUES: Is it necessary to buy from magnet manufacturers?
ANS: Local shops do have their benefits. They store magnets, can deliver immediately, and often have good communication. When your design needs a special neodymium magnet, with high thermal resistance and low weight loss for example, no one is going to store such a magnet. That type of magnet must be custom made. This means working with a quality manufacturer is very important.
QUES: Is it cost-efficient to buy regular shape magnets (disc and blocked) from Leyuan Magnets?
ANS: Let’s check a specific instance
You are in the United States and would like to buy 20,000 pcs of N42 grade block magnets with 1/4”X1/4”X1/8” dimensions and nickel plating. The price for a local American shop is 0.33
If we compare the two, you save almost 80 percent with Leyuan Magnets. In our experience, it is always cost-efficient to buy directly from a Chinese manufacturer if the net weight of your purchase is more than 15 kilograms.
QUES: How do we calculate the net weight?
ANS: Volume (mm3) * 7.5 / 1000.000 = kilograms
QUES: How does Leyuan Magnets ship industrial magnets?
ANS: There are three ways, according to the gross weight. These include:
By sea: this is the slowest but the cheapest
By air: faster but the goods are shipped to a nearby airport
Express: this is the fastest but most expensive option. We use DHL, TNT or UPS.
QUES: What is the lead time?
ANS: We do not store finished products. All of our products are customized. Ten days is normal, but special magnets may take upwards of 30 days.
If you still have a question, do not worry. We will always be sure to address any questions you may have when you make an inquiry.