The invention relates to a two-junction 
microstrip circulator with a magnetic shielding case and an 
assembly formed by the same and belongs to the technical field of magnetic materials and devices. The two-junction 
microstrip circulator with the magnetic shielding case comprises a soft 
magnetic alloy bottom plate and a 
ferrite substrate positioned above the soft 
magnetic alloy bottom plate, wherein the upper surface of the 
ferrite substrate is provided with a double-junction circulation 
microstrip circuit, and the lower surface of the 
ferrite substrate is provided with a grounding 
metal layer. Permanent magnets are arranged above the geometric center of the junction circulation microstrip circuit, the magnetic shielding case is arranged above the permanent magnets, lower 
dielectric substrates are arranged among the permanent magnets and the two-junction circulation microstrip circuit to separate the permanent magnets from the two-junction circulation microstrip circuit, and upper 
dielectric substrates are arranged among the permanent magnets and the magnetic shielding case to separate the permanent magnets from the magnetic shielding case. The magnetic shielding case is formed by bending the edge of a soft magnetic flat plate 
alloy material downwards, the bottom of the bent edge of the magnetic shielding case does not contact with the ferrite substrate, the smallest horizontal 
enclosure dimension of the magnetic shielding case is larger than the largest distance between outer edges of the two permanent magnets and smaller than the side length of the ferrite substrate. The two-junction microstrip 
circulator with the magnetic shielding case has a good magnetic shielding function, and is simple in structure, stable in performance, convenient to produce and debug and capable of meeting application needs of increasing 
miniaturization and high integration.