UNSPSC 31381401: Plastic bonded machined isotropic ferrite magnet

Plastic bonded isotropic ferrite magnet that has been machined

UNSPSC 31381401 Plastic bonded machined isotropic ferrite magnet is a Commodity code, but the single recent state and local opportunity tagged under it — the City of Midland, Texas fire hydrant procurement — bears no relationship to the code's nominal scope. The City solicited 71 fire hydrants (45 units of 4-foot, 20 units of 5-foot, and 6 units of 6-foot) under the U25-01 Fire Hydrant Replacement Project, a commodity unrelated to ferrite magnets or magnetic materials. The misclassification signals that this code shows no substantive recent state and local procurement activity in its actual domain. Without additional sourced opportunities demonstrating genuine demand for plastic bonded machined isotropic ferrite magnets among state and local buyers, this code presents limited visibility into current market activity.

The single record on file is the City of Midland, Texas IFB for fire hydrants posted March 26, 2026, with responses due April 9, 2026, submitted through Bonfire. No other opportunities, geographic concentrations, or issuing-body patterns can be discerned from the available data. Business development professionals evaluating this code should rely on direct outreach to state procurement offices, municipal engineering departments, and transit authorities known to source magnetic components for industrial equipment or facility systems until additional sourced activity emerges.