Upgrade the fragile epoxy coated magnets on your mag rack to this unbreakable rubber coated magnet! Price is for 1 magnet, each MAG rack requires 2 magnets.
1" x 1/2" x 1/4" N52 grade Neodymium Magnet
The instability of the Rare Earth metals industry has escalated to new heights over the past year, severely impacting the production and pricing of Rare Earth magnets, such as neodymium.
We have experienced steady price increases over the past year. The pressures of higher demand and lower supply have caused price increases of over 120% during 2011 this reflects greatly on the price of this product.
