Recently, on Sinopec's annual results teleconference, the company representative answered questions about the oil prices, and said that the future trend of oil prices is still very uncertain, and it is expected to be around $100 this year and $85 next year respectively.
Sinopec, "There are many factors affecting oil prices at the moment, including geopolitics, macroeconomic trends, the implementation of the policy of OPEC+, the strength of the US DOLLAR and so on. We see a lot of uncertainty in the future oil prices. It is impossible to predict the accurate price, but a general trend could be estimated."
According to Sinopec, international institutions generally have a forecast of around $100 this year and around $85 next year in the oil prices. As geopolitical problems and other issues ease next year, oil prices will be lower than this year.
The volatile oil prices in the international market will continue to affect lots of industries and the supply of many In718 powder.
What is Inconel 718
Inconel 718 or In718 is a nickel-chromium-molybdenum alloy resistant to various corrosion conditions, pitting, and crevice corrosion.
Inconel 718 superalloy has been used in aeroengines for half a century. In718 has become the most widely used nickel-based superalloy in the history of aero engines since it was invented in the United States in the early 1960s in The INCO Huntington Alloy (now Special Metals Co.) and used in turbine parts manufacturing.
Inconel 718 Key Properties
The unique alloy composition design of In718 gives it good comprehensive properties, such as high strength, creep resistance and fatigue life, good ductility, and excellent oxidation resistance. Especially below 650℃, its mechanical properties have good stability.
|Inconel 718 Powder Properties|
|Other Names||IN718, Inconel 718 Powder|
|Appearance||grey to black powder|
|Melting Point||1370-1430 °C|
|Solubility in H2O||N/A|
Inconel 718 Application
Many parts of modern aero engines, such as turbine discs, blades, brakes, shafts, stators, seals, supports, pipes, fasteners, etc., are made of In718. In addition, In718 is also used in nuclear reactors (heat exchanger pipe), sub (propeller blades, quick disconnect device, auxiliary propulsion motor), chemical (vessels, pumps, valves, pipe), power (industrial gas turbine), the oil and gas industry (underground pipelines, wellhead hardware, torch arm).
Inconel 718 Composition
What is Superalloy
Superalloy refers to a kind of metal material based on iron, nickel, and cobalt, which can work for a long time at high temperatures above 600℃ and under certain stress.
It has high high-temperature strength, good oxidation and corrosion resistance, good fatigue performance, fracture toughness, and other comprehensive properties. Superalloy with a single austenite structure has good stability and reliability at various temperatures. Superalloys are widely used in aviation, aerospace, petroleum, chemical, and ship.
According to the matrix elements, superalloys are divided into iron base, nickel base, cobalt base, and other superalloys. The use temperature of iron base superalloy can only reach 750-780℃ in general. For heat-resistant parts used at higher temperatures, people use nickel base and refractory metal-based alloy. Nickel-based superalloys play a very important role in the whole field of superalloys. They are widely used to manufacture the hottest parts of aviation jet engines and various industrial gas turbines.
Inconel 718 Powder Price
The price is influenced by many factors including the supply and demand in the market, industry trends, economic activity, market sentiment, and unexpected events.
If you are looking for the latest Inconel 718 powder price, you can send us your inquiry for a quote. ([email protected])
Inconel 718 Powder Supplier
Luoyang Tongrun Nano Technology Co. Ltd. (TRUNNANO) is a trusted global chemical material supplier & manufacturer with over 12-year-experience in providing super high-quality chemicals and Nanomaterials, including silicon powder, nitride powder, graphite powder, zinc sulfide, calcium nitride, 3D printing powder, etc.
If you are looking for high-quality Inconel 718 powder, please feel free to contact us and send an inquiry. ([email protected])
Gas supplies have been in short supply because of the conflict between Russia and Ukraine. Combined with the situation that other renewable sources cannot produce enough electricity, electricity prices have soared in many parts all over the world. For this reason, I assume the supply and prices of the In718 powder would keep being influenced by the high energy prices.
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