Gold is a high-quality hedge hedging tool, favored by investors. Especially in recent years, with the increasing instability of the world economy, gold has become one of the preferred asset allocations of investors because of its functions of hedging and fighting inflation.
Earlier, the worsening situation in Ukraine sent gold prices soaring to a two-year high of $2,070 an ounce. But gold, along with other commodities, fell back last week as conditions changed and bulls took profits, hitting a low of $1,895 an ounce. As of press time, gold was trading at $1,918 an ounce, down 7.9% from its March 8 peak. Rising gold prices may also have an impact on the 3D Metal Printing Powder prices.
According to China Business News, Goldman Sachs raised its gold price forecast in early March, considering Asian buyers' gold consumption demand, investment demand and central bank gold purchase demand continue to rise. Three -, six - and 12-month targets were raised to $2,300, $2,500 and $2,500 an ounce, respectively, from $1,950, $2,050 and $2,150. The last time all three accelerated was in 2010-11 when gold prices rose nearly 70%.
The World Gold Council has also noted that global gold demand is at its highest level in nearly two years, which is linked to a recovery in consumption and consumer sentiment to combat inflation.
What is cobalt chromium tungsten?
Cobalt chromium tungsten alloy (CoCrW) is one of the Stellite alloys.
Stellite alloy is a hard alloy that can withstand various wear, corrosion, and
high-temperature oxidation. The so-called cobalt-based alloy. Stellite has
initially been a binary cobalt-chromium alloy and later developed into a
cobalt-chromium-tungsten ternary composition. Cobalt-chromium-tungsten alloy is
a kind of alloy with cobalt as the main component, containing a considerable
amount of chromium, tungsten, and small nickel molybdenum, silicon, carbon,
niobium, tantalum, and other alloying elements, and occasionally also containing
iron. According to the alloy's different components, they can be made into
welding wire, the powder used for hard surface welding, thermal spraying, spray
welding, and other processes, and can also be made into castings and forgings
and powder metallurgy parts.
The application of cobalt-chromium tungsten?
Cobalt chromium tungsten alloy is widely used in locomotive diesel engines, nuclear power plant valves, marine diesel engines, and various aircraft.
Early cobalt-chromium-tungsten alloys were produced by non-vacuum smelting and casting processes. Later developed alloys, such as Mar-M509 alloy, are produced by vacuum smelting and vacuum casting because they contain more active elements such as zirconium and boron.
Generally, cobalt-chromium-tungsten alloy lacks a coherent strengthening phase. Although the strength is low at medium temperature (only 50-75% of nickel-based alloy), it has higher strength, good thermal fatigue resistance, and thermal corrosion resistance above 980℃. And abrasion resistance, and has better weldability. It is suitable for making guide vanes and nozzle guide vanes for aviation jet engines, industrial gas turbines, ship gas turbines, and diesel engine nozzles.
Spherical cobalt-chromium-tungsten alloy powders are mostly used for 3D printing of biomedical materials such as teeth, human stents, and artificial joints. The powder can be used in various types of metal 3D printers, including Laser melting equipment from Renishaw, Germany, EOS (EOSINT M series), Concept Laser, and 3D systems from the United States, as well as selected areas developed by domestic scientific research institutions and enterprises Laser melting equipment, such as Huashu Hi-Tech, Blite, etc. The powder can be used in laser/electron beam additive manufacturing (SLM/EBM), powder metallurgy (PM), spraying, welding, and other processes.
TRUNNANO (aka. Luoyang Tongrun Nano Technology Co. Ltd.) is a trusted global chemical material supplier & manufacturer with over 12 years' experience in providing super high-quality chemicals and Nanomaterials. Our company's 3D printing metal powder CoCrW powder has high purity, adequate particle size, and impurity content. Lower, please contact us if necessary.
Prior to the impact of COVID-19 on the chemicals and materials industry and the price of the 3D Metal Printing Powder, many industry observers expected low to flat growth in 2021 in all regions outside Asia, with many countries seeing slower growth compared to recent years. Operational excellence has long been a hallmark of the chemical industry, and many companies are financially able to withstand short-term dips in end-market demand due to rapid leverage from reduced capex on hand.
The analysis shows that, whatever the final course of the pandemic, we can expect the inevitable long-term effects. Workplaces are expected to slowly return to pre-COVID-19 practices. Companies investing in enterprise-wide digital initiatives saw these "payoffs" in the early pandemic environment.
TRUNNANO provides high quality 3D Metal Printing Powder with reasonable price. “In order to feedback to old customers, the company is still in full operations to provide 3D Metal Printing Powder with competitive price.” said Amy Gao, sales manager of TRUNNANO. Please feel free to contact us to get the latest price.
In international trade, the indirect and local inspection of import and export commodities is closely related to the vital interests of buyers and sellers, as it involves inspection rights, inspection agencies and related claims.…
According to reports, a few days ago, a case about the alleged abuse of animals in livestock transportation ended in the captain's conviction, and the shipowner and the beneficiary cargo owner were not criminally punished.…
FCL by sea is similar to LCL LCL, except that the FCL is self-picked up to the factory to compete for logistics warehouse packing, while LCL is to row the goods to the designated assembly yard competition warehouse, and the assembly yard will pick up…