China’s Rare-Earth Magnet Exports to US Decline in November
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000China’s exports of rare-earth magnets to the US fell 11% in November from a month earlier, with no immediate rebound seen after a trade truce between the world’s two biggest economies.Shipments to the US totaled about 582 tons, compared with 656 tons in October, according to Chinese customs data published on Saturday. The latest numbers followed a separate release Thursday that showed month-on-month growth in sales of all rare-earth products, a category dominated by magnets.