Quote:
Originally Posted by DwightSchrute
it also kinda makes me wonder if Caslte is just the first US company that has to hike up the prices...i wonder if novak and tekin will follow suit.
kinda seems like China has the monopoly of neodymium right now and with more and more hybrids needed, they can charge whatever they want to. i think i read they support something like 90% of the world's supply.....
that sucks ass.
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Yes we are being forced to do the same thing. It is scarry how much the price of neodymium is going up. From what I understand prices are being quoted on a weekly basis.
Bob Novak
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