The roble had hit a record low after the West imposed sweeping sanctions on Russia for its aggression in Ukraine. Russia's president recently ordered exports of Russian gas to "unfriendly" countries to be settled in robles. The speaker of Russia's upper house of parliament said Moscow was prepared and could shift supplies to markets such as Asia if Europe refused to buy Russian energy.
European countries, which pay mostly in euros, say Russia has no right to reset contracts. The G7 rejected Russia's demand and urged companies not to agree to pay in robles, saying most contracts stipulated payment in euros or dollars. Wholesale gas prices in Europe have risen further recently on concerns about potential supply disruptions.
The Kremlin spokesman said, "According to the March 31 deadline set by Russia's president, we are developing all payment methods to get a simple, understandable, and feasible system for relevant European and international buyers,"
The markets and prices of more commodities like the Ti6Al4V alloy would be affected because of the volatile international political situations.
What is Titanium Alloy?
Titanium alloy Ti6Al4V is a medium-strength α-β type two-phase titanium alloy containing 6% α-stabilizing element AI and 4% β-stabilizing element V. This alloy has excellent comprehensive properties and has obtained the most extensive applications in the aviation and aerospace industries.
The main properties and uses
Ti6Al4V titanium alloy is heated below 430 ℃ for a long time to form a very thin and protective oxide film. As the heating temperature increases, the oxide film thickens and its protection becomes poor. After the alloy was heated at 700 °C for 2 h, the oxide film thickness reached 25 μrn. Heating at temperatures above 800°C forms a sparse oxide layer. After heating at 1000 °C for 1 h, the thickness of the oxide layer reached 0.65 mm.
Ti6Al4V alloy can be welded by argon arc welding, spot welding, brazing, electron beam welding and plasma welding. The strength of the welded joint is basically the same as that of the base metal.
When Ti6Al4V titanium alloy parts are in contact with aluminum alloy and structural steel parts, especially under certain corrosive medium conditions, aluminum alloy and structural steel parts will suffer accelerated corrosion and damage as the anode of the contact couple due to the negative electrode potential. Therefore, between TC4 titanium alloy parts and aluminum alloy or structural steel parts, protective measures such as padding and anti-corrosion tape should be taken. TC4 alloy parts are strictly prohibited from contact with parts or tools of lead, zinc, cadmium, tin, silver, bismuth and other metals.
Before vacuum annealing, the oxide skin and oxygen-rich layer on the surface of the parts should be removed, and the oil should be carefully removed before entering the furnace. When vacuum annealing parts with complex shapes, fixtures must be used to reduce the deformation of parts. Into the furnace parts are preferably filled with pre-degassed titanium oxide-free chips to prevent oxidation of the parts.
Ti6Al4V titanium alloy is now widely used in the manufacture of aero-engine fans and compressor discs and blades, as well as various load-bearing beams, frames, joints and fasteners in aircraft structures.
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The Ti6Al4V alloy industry has experienced demand expectations driven by the rise and the off-season tired stock driven by the seasonal decline in two rounds of the market. Affected by the COVID-19 epidemic and other factors, inventories of manufacturers continue to accumulate, putting pressure on market sentiment. In addition to off-season factors, the weak trend of Ti6Al4V alloy also reflects the market's concern about the epidemic and some other related enterprises' financial situation.
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