What is Nickel Alloy Inconel 718
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 Inconel 718 market.
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
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
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At present, international supply chains were shocked, and logistics and transportation efficiency decreases. Geopolitical conflicts further aggravate uncertainties about the European and American economic recovery and the global commodity supply. For this reason, I assume the price of the Inconel 718 would not decrease significantly in the short term.