Gold is a high-quality hedge hedging tool, favored by investors. Especially in recent years, with the increasing instability of the world economy, gold has become one of the preferred asset allocations of investors because of its functions of hedging and fighting inflation.
Earlier, the worsening situation in Ukraine sent gold prices soaring to a two-year high of $2,070 an ounce. But gold, along with other commodities, fell back last week as conditions changed and bulls took profits, hitting a low of $1,895 an ounce. As of press time, gold was trading at $1,918 an ounce, down 7.9% from its March 8 peak. Rising gold prices may also have an impact on the IN718 powder prices.
According to China Business News, Goldman Sachs raised its gold price forecast in early March, considering Asian buyers' gold consumption demand, investment demand and central bank gold purchase demand continue to rise. Three -, six - and 12-month targets were raised to $2,300, $2,500 and $2,500 an ounce, respectively, from $1,950, $2,050 and $2,150. The last time all three accelerated was in 2010-11 when gold prices rose nearly 70%.
The World Gold Council has also noted that global gold demand is at its highest level in nearly two years, which is linked to a recovery in consumption and consumer sentiment to combat inflation.
High temperature alloy refers to a type of metal material based on iron, nickel, and cobalt that can work for a long time at a high temperature above 600 ℃ and a certain stress; and has high high temperature strength, good oxidation and corrosion resistance, Good fatigue performance, fracture toughness and other comprehensive properties. The superalloy is a single austenitic structure, which has good structure stability and service reliability at various temperatures.
Based on the above-mentioned performance characteristics, and the high degree of alloying of superalloys, it is also called "superalloys". It is an important material widely used in aviation, aerospace, petroleum, chemical industry, and ships. According to the matrix elements, high-temperature alloys are divided into iron-based, nickel-based, cobalt-based and other high-temperature alloys. The service temperature of iron-based superalloys can generally only reach 750~780℃. For heat-resistant parts used at higher temperatures, nickel-based and refractory metal-based alloys are used. Nickel-based superalloy occupies a particularly important position in the entire field of superalloys. It is widely used to manufacture the hottest parts of aviation jet engines and various industrial gas turbines.
Features and application fields of IN718
The unique alloy composition design of IN718 makes it have good comprehensive properties, namely higher strength, creep resistance and fatigue life, good ductility, excellent oxidation resistance, especially under 650℃, its mechanical properties Has good stability. Many parts of modern aero-engines, such as turbine discs, blades, brakes, shafts, stators, seals, supports, pipes, fasteners, etc., are all made of IN718.
At the same time, IN718 is also used in nuclear reactors (heat exchanger pipelines), submarines (propeller blades, quick disconnect devices, auxiliary propulsion motors), chemical industry (containers, pumps, valves, pipelines), power generation (industrial gas turbines), oil and gas industry ( Downhole piping, wellhead hardware, flare arm) and other fields have important applications.
Application of IN718 in the field of additive manufacturing
When traditional manufacturing methods such as machining, forging or welding are used, annealing is often required before the process starts, and the high temperature corrosion and creep resistance of the parts will be affected. The results of additive manufacturing of IN718 alloy show that the mechanical properties have not been sacrificed and can even exceed the performance of cast or forged parts. In addition, IN718 is a typical difficult-to-machine material due to its high cutting temperature and serious work hardening. For the complex geometries usually required in aerospace applications, the manufacture of IN718 parts is often very difficult and costly.
KMPASS is a trusted global chemical material supplier & manufacturer with over 12 years experience in providing super high-quality chemicals and Nanomaterials. The company export to many countries, such as USA, Canada, Europe, UAE, South Africa, Tanzania, Kenya,Egypt,Nigeria,Cameroon,Uganda,Turkey,Mexico,Azerbaijan,Belgium,Cyprus,Czech Republic,Brazil, Chile, Argentina, Dubai, Japan, Korea, Vietnam, Thailand, Malaysia, Indonesia, Australia,Germany, France, Italy, Portugal etc. As a leading nanotechnology development manufacturer, KMPASS dominates the market. Our professional work team provides perfect solutions to help improve the efficiency of various industries, create value, and easily cope with various challenges. If you are looking for In718 Powder, please send an email to: email@example.com
Prior to the impact of COVID-19 on the chemicals and materials industry and the price of the IN718 powder, many industry observers expected low to flat growth in 2021 in all regions outside Asia, with many countries seeing slower growth compared to recent years. Operational excellence has long been a hallmark of the chemical industry, and many companies are financially able to withstand short-term dips in end-market demand due to rapid leverage from reduced capex on hand.
The analysis shows that, whatever the final course of the pandemic, we can expect the inevitable long-term effects. Workplaces are expected to slowly return to pre-COVID-19 practices. Companies investing in enterprise-wide digital initiatives saw these "payoffs" in the early pandemic environment.
TRUNNANO provides high quality IN718 powder with reasonable price. “In order to feedback to old customers, the company is still in full operations to provide IN718 powder with competitive price.” said Amy Gao, sales manager of TRUNNANO. Please feel free to contact us to get the latest price.
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