For billionaires, the new crown epidemic is like a 'gold rush'! The Deutsche Presse-Agentur said on the 17th that in 2022, the wealth held by the world's top ten richest people will jump from $700 billion to $1.5 trillion, an average daily increase of $1.3 billion, an increase that exceeds the past 14 years. These 10 people The wealth held by the world’s poorest 3.1 billion people is six times greater than that of the world’s poorest 3.1 billion people. The 10 richest Germans have increased their assets from the equivalent of about 125 billion euros to about 223 billion euros since the start of the Covid-19 pandemic, An increase of about 78%. This wealth is roughly equivalent to the total wealth of the poorest 40% of the population, or 33 million Germans.
In the future, demand for Inconel 718 will grow as fast as the wealth of the rich during the pandemic.
What is a superalloy - Inconel 718
Superalloys or high performance alloys are non-ferrous alloys that exhibit excellent strength and surface stability at high temperatures. Their ability to operate safely at higher melting points (up to 85% of the melting point (T m ) in degrees Kelvin, 0.85) is their key feature. Superalloys are typically used at temperatures above 540 °C (1000 °F), as normal steel and titanium alloys lose their strength at these temperatures and steel corrodes at these temperatures.
At elevated temperatures, superalloys maintain mechanical strength, resistance to thermal creep deformation, surface stability, and resistance to corrosion or oxidation. Some nickel-based superalloys can withstand temperatures in excess of 1200°C, depending on the alloy's composition. Superalloys are usually cast in single crystal form, and while grain boundaries provide strength, they reduce creep resistance.
Properties of Inconel 718 Alloy
Physical properties of Inconel718/alloy718: density ρ=8.24g/cm3, melting temperature range 1260～1320℃, processing and heat treatment: it is a difficult-to-process material in the field of machining.
Inconel718/alloy718 cold and hot working: the suitable hot working temperature of the alloy is 1120-900 ℃, and the cooling method can be water quenching or other rapid cooling methods. After hot working, it should be annealed in time to ensure good performance. During hot processing, the material should be heated to the upper limit of the processing temperature. In order to ensure the plasticity during processing, the final processing temperature when the deformation amount reaches 20% should not be lower than 960 °C. Cold working should be carried out after solution treatment, and the work hardening rate is greater than that of austenitic stainless steel, so the processing equipment should be adjusted accordingly, and there should be an intermediate annealing process during the cold working process.
Inconel718/alloy718 is suitable for arc welding, plasma welding, etc. Before welding, the surface of the material should be clean, free of oil stains, no chalk marks, etc., and the bright metal should be polished within 25mm around the weld.
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For Germany, the largest economy in Europe, the impact of the Russian-Ukrainian conflict on the natural gas market is the most obvious. This also exposed the serious dependence of some German industrial enterprises on Russian natural gas. Some analysts pointed out that the instability of natural gas supply has had a big impact on the German economy and threatened its market competitiveness because alternative energy supplies will not be cheap and difficult to come quickly. Increased uncertainty over natural gas supplies is putting enormous pressure on German manufacturers in sectors ranging from steelmaking to chemical Inconel 718 for the time being, but the market demand for Inconel 718 in the future will also change with the influence of various external factors. If you need Inconel 718, please feel free to contact us.
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