dual control of energy consumption
2021-10-15
Perhaps you have noticed that the recent “dual control of energy consumption” policy of the Chinese government has had a certain impact on the production capacity of some manufacturing companies, and the delivery of orders in some industries has to be delayed.
In addition, the China Ministry of Ecology and Environment has issued the draft of "2021-2022 Autumn and Winter Action Plan for Air Pollution Management" in September. This autumn and winter (from October 1, 2021 to March 31, 2022), the production capacity in some industries may be further restricted.
These actions will lead to a sharp increase in all costs from magnet raw materials (Nd, Fe, B) to packaging materials, from labor costs to port operating costs.
