Risk aversion plunged on the positive news of the Russia-Ukraine talks. After several days of rising oil prices, the price of precious metals continued to fall. Domestic futures markets remain stable for the time being.
Back in international markets, WTI crude futures briefly dipped below $100 a barrel, while Brent crude hit its lowest intraday level in nearly two weeks. Spot gold briefly fell below $1,900 an ounce. Comex gold futures closed down 1.1 percent at $1,918.4 an ounce. Comex silver futures closed down 1.14 percent at $24.91 an ounce. "Recently, crude oil prices have been extremely sensitive to changes in geopolitical news." Traders believe that the current oil price is still in the broad impact, Ukraine will still be a premium in the case, although the market further decline, but should not be too pessimistic, it is recommended to wait and see for the time being. The Ukrainian premium is still there and there will be some volatility in the Inconel718 powder market.
The effects of boron and silicon elements: significantly reduce the melting point of the alloy, expand the temperature range of the solid-liquid line, and form a low-melting eutectic; deoxidation and reduction and slag-making functions; hardening and strengthening of the coating; improving the performance of the operation process.
The role of copper: improve the corrosion resistance to non-oxidizing acids.
The role of chromium: solid solution strengthening, passivation; improve corrosion resistance and high temperature oxidation resistance; excess chromium easily forms chromium carbide and chromium boride hard phases with carbon and boron to improve alloy hardness and wear resistance .
The role of molybdenum element: large atomic radius, large distortion of the crystal lattice after solid solution, significantly strengthening the alloy matrix, improving the high temperature strength and red hardness of the matrix; it can cut off and reduce the network structure in the coating; improve the resistance to cavitation , Erosion ability nickel-based precision alloy.
Including nickel-based soft magnetic alloys, nickel-based precision resistance alloys, and nickel-based electric heating alloys. The most commonly used soft magnetic alloy is Permalloy with about 80% nickel. Its maximum permeability and initial permeability are high, and its coercivity is low. It is an important core material in the electronics industry. The main alloying elements of nickel-based precision resistance alloys are chromium, aluminum, and copper. This alloy has high resistivity, low temperature coefficient of resistivity and good corrosion resistance, and is used to make resistors. Nickel-based electric heating alloy is a nickel alloy containing 20% chromium. It has good oxidation and corrosion resistance and can be used for a long time at a temperature of 1000 to 1100 ℃.
Nickel-based shape memory alloy
A nickel alloy containing 50(at)% titanium. The recovery temperature is 70°C, and the shape memory effect is good. A small change in the ratio of nickel-titanium components can change the recovery temperature within the range of 30 to 100°C. It is mostly used in the manufacture of automatic opening structural parts used in spacecraft, self-exciting fasteners used in the aerospace industry, artificial heart motors used in biomedicine, etc.
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Russia is a major supplier of industrial metals such as nickel, aluminium and palladium. Russia and Ukraine are both major wheat exporters, and Russia and Belarus produce large amounts of potash, an input to fertiliser. The price and market of the Inconel718 powder will fluctuate under its influence. Prices of these goods have been rising since 2022 and are now likely to rise further because of the Russia-Ukraine conflict. Russia is a major supplier of industrial metals such as nickel, aluminium and palladium. Russia and Ukraine are both major wheat exporters, and Russia and Belarus produce large amounts of potash, an input to fertiliser. The price and market of the Inconel718 powder will fluctuate under its influence. Prices of these goods have been rising since 2022 and are now likely to rise further because of the Russia-Ukraine conflict.
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