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 nickel alloy market.
Nickel alloys are metals made by combining nickel as the main element with another material (usually titanium, copper, aluminum, iron, and chromium).
It combines two materials to provide more desirable functions, such as higher strength or corrosion resistance. Due to its unique performance, it is used in a variety of devices in multiple industries.
About 90% of all new nickel sold each year is used to make alloys. The most popular is stainless steel, which accounts for about two-thirds of newly produced nickel alloys.
Enhanced properties provided by the material:
Enhanced corrosion resistance
Strength increases at higher and lower temperatures
Many nickel-based alloys have excellent properties at temperatures above 1000°C, making them ideal for extremely harsh environments. They provide excellent oxidation resistance at high temperatures while maintaining high-quality weldability, machinability, and ductility.
How long is the life of nickel alloy?
Nickel alloys have an average life of 25 to 35 years. Depending on the application, the service life may be longer. So, the material is more cost-effective than other metals. Nickel alloys are recyclable and have one of the highest recovery rates in the world. About half of the nickel in stainless steel products comes from recycled nickel materials.
Nickel alloy applications:
This material is common in a variety of devices and objects that people use every day, including:
Food preparation equipment
Aircraft and power turbines
Nuclear power system
The energy, chemical, petrochemical, and power industries rely on nickel superalloys for their excellent oxidation resistance and high-temperature strength in critical applications. Alloys of nickel, chromium, and molybdenum offer enhanced corrosion resistance.
Superalloys are made by adding homogeneous elements (including chromium, aluminum, cobalt, and titanium) to produce optimal directional solidification or single crystal structure, thus giving the material strength beyond that of ordinary steel. These nickel-based alloys are used in extremely hot environments, such as gas turbines and aircraft for electricity generation.
Iron-bearing nickel alloys are popular in electronics and specialty engineering. Nickel alloys with copper are used in Marine engineering because of their corrosion resistance in seawater.
Wastewater treatment and piping systems have increased the use of this type of stainless steel because of its very low corrosion rate when treating water, even at high flow rates. It also offers incredible strength and ductility and is easy to manufacture, making it easier to use a cheaper method of joining when assembling pipes.
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Cancer cells can "stretch out a big hand" and take away the mitochondria of immune cells. The Harvard Medical School research team cultured mouse and human breast cancer cells and immune cells, such as killer T cells, and used field emission scanning electron microscopy (FESEM) to observe the relationship between cancer cells and immune cells. interactive. Interestingly, they found that cancer cells stick out long nanotubes, typically within 100-1000 nanometers in diameter, each of which connects to multiple immune cells along the way. The researchers used the drug L-778123, which inhibits the formation of nanotubes, for treatment. The higher the concentration of L-778123, the better the treatment effect.
It is used in various high-tech fields, so the market demand for nickel alloy will continue to rise. We are a quality supplier of nickel alloy, please feel free to contact us.
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