Oil futures tumbled more than $5 a barrel on news that the Biden administration is considering releasing about 1 million barrels a day from the U.S. Strategic Petroleum Reserve (SPR) for several months to cool surging crude prices.
Brent crude futures were down $4.71, or 4.2 percent, at $108.58 a barrel by 0035 GMT. U.S. West Texas Intermediate futures fell $5.45, or 5 percent, to $102.74 a barrel.
At an earlier time, gasoline prices had already reached record levels because of the Russia-Ukraine conflict.
The prices of other commodities like the Alloy 718 are also expected to be volatile.
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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The current international situation is highly uncertain, and its economic impact has not been able to be assessed properly. In addition, rising energy and commodity prices and supply chain disruptions are expected to push the price of the Alloy 718 higher.
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