Following the progress in Russia-Ukraine peace talks, the gold price fell more than 1% the next day, hitting its lowest in a month, and palladium prices briefly tumbled by nearly 9%.
"We have seen metal prices going into free fall when the Russia-Ukraine situation is likely to see a major detente, which spurred people's risk preference and optimism that the war could end at a time," said OANDA senior market analyst.
A Russian deputy defense minister says Moscow has decided to sharply curtail its military activities around Kyiv and Chernikov in Ukraine, following talks between Russian and Ukrainian representatives in Istanbul.
Where the prices of metals, natural gas, and commodities like the Alloy 718 will go in the future, is still very uncertain.
In the aerospace or petrochemical industries, these important industries are related to the national economy and people's livelihood. The trustworthy Inconel718 is always a frequently mentioned term. Indeed, in the process of using the popular Alloy 718, with the progress of industrial technology and the development of urban economy, this alloy material has been applied to more and more industries, playing an increasingly important role.
Several important steps in the production process of Alloy 718
1. Warm up
Cost-effective Alloy 718 workpieces require the most meticulous surface cleaning before and during heating to keep surfaces clean. Alloy 718 alloy will become very brittle if the heating environment contains phosphorus, lead or other low melting point metals. Impurities come from marking paint, chalk, etc. The sulfur content of fuel should be very low. For example, the impurity content of liquefied gas and natural gas will be less than 0.1%, the sulfur content of city gas should be less than 0.25 grams per cubic meter, and the content of petroleum gas will be less than 0.25 grams per cubic meter. Sulphur content below 0.5 percent is the best effect.
The oxide near the weld of the cost-effective Alloy 718 alloy is more difficult to handle than the stainless steel, so at this time it is necessary to use a fine abrasive belt for grinding, before pickling in a mixed acid of nitric acid and hydrofluoric acid, Also use sandpaper to remove oxides or use a salt bath for reasonable pretreatment.
Machining of reliable Alloy 718 must be carried out after solution treatment, and all aspects must be considered, especially the work hardening of the material, but it is very important that Alloy 718 is more suitable for low surface cutting.
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Commodities such as crude oil, wheat, cotton, and nickel have rallied since Russia's "special military operations" began in late February. On the last trading day of this quarter, commodities were on track for their biggest gain since 1990. For this reason, it is expected that the price of the Alloy 718 will continue to increase.
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