UNSPSC 31381340: Pressed and sintered off tool anisotropic ferrite magnet

Commodity

Code facts

NIGP codes
1

UNSPSC codes and definitions come from the UN Development Programme (managed by GS1 US), and state and local contract opportunities from the governments' procurement sites.

NIGP codes for 31381340

Definition

Pressed anisotropic ferrite magnet that has been sintered off-tool

About UNSPSC 31381340

UNSPSC 31381340 Pressed and sintered off tool anisotropic ferrite magnet is a Commodity code that, in recent state and local procurement activity, does not map to purchases of ferrite magnets themselves. The single recent opportunity tagged under this code—a City of Midland, Texas competitive bid for 71 fire hydrants (45 units of 4-foot, 20 units of 5-foot, and 6 units of 6-foot models)—falls outside the code's nominal scope. Fire hydrants are water infrastructure components, not magnetic materials, suggesting either a tagging error in the procurement system or a mismatch between the code assignment and the goods actually being solicited. The City of Midland's U25-01 Fire Hydrant Replacement Project required itemized pricing, delivery within a specified timeframe F.O.B. to Midland, and compliance with attached technical specifications, but the core commodity—ferrite magnets—is not evident in the solicitation scope.

Activity under this Commodity code shows minimal recent municipal engagement. The Midland opportunity, posted March 26, 2026 with a response deadline of April 9, 2026, was issued as a competitive bid through the Bonfire e-procurement system and included local preference provisions under Texas Local Government Code Section 271.9051 allowing award to a local bidder within five percent of the lowest non-local price. No incumbent vendor, award value, or budget range was disclosed. The mismatch between the ferrite-magnet code and the fire-hydrant solicitation limits visibility into genuine demand for pressed and sintered ferrite products in state and local procurement; firms monitoring this code should flag the tagging discrepancy and rely on direct market outreach or alternative UNSPSC categories more closely aligned with industrial magnetic components.

Quick answers

What is UNSPSC 31381340?

UNSPSC 31381340 is Pressed and sintered off tool anisotropic ferrite magnet, a commodity in UNSPSC 31000000, Manufacturing Components and Supplies.

Which NIGP codes match UNSPSC 31381340?

UNSPSC 31381340 maps to 1 NIGP code, 55330 Components, Manufacturing (Stamped, Formed, Welded).

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