What is Inconel 718 used for?

The World Platinum Investment Association (WPIC) said recently that carmakers are accelerating reductions in palladium use and increased use of platinum due to concerns about Russian palladium supplies. However, it still expects a significant surplus in the platinum market this year.

Palladium is used by carmakers in tailpipe emissions systems to reduce carbon emissions.  While carmakers prefer palladium for catalytic converters, they are turning to platinum, which is cheaper than palladium, to save costs.

Russia accounts for about 25-30% of the world's palladium supply and 8-10% of its platinum supply.

There is no sign that western sanctions against Russia have restricted palladium exports since the conflict escalated in February, but as the conflict continues, more companies could boycott The Russian metal and governments could impose restrictions.

Platinum is currently trading at about $950 an ounce, about half the price of palladium.  Automakers use about 2.5 million to 3 million ounces of platinum and about 8.5 million ounces of palladium each year.

For the year as a whole, platinum supply will be 5 percent lower than in 2021 and demand 2 percent higher, with the automotive sector seeing a 16 percent increase due to increased light vehicle In718 powder are still very uncertain.

What is Inconel 718
Inconel 718 or In718 is a nickel-chromium-molybdenum alloy resistant to various corrosion conditions, pitting, and crevice corrosion.
Inconel 718 superalloy has been used in aeroengines for half a century. In718 has become the most widely used nickel-based superalloy in the history of aero engines since it was invented in the United States in the early 1960s in The INCO Huntington Alloy (now Special Metals Co.) and used in turbine parts manufacturing.
 
Inconel 718 Key Properties
The unique alloy composition design of In718 gives it good comprehensive properties, such as high strength, creep resistance and fatigue life, good ductility, and excellent oxidation resistance. Especially below 650℃, its mechanical properties have good stability.
 

3D Printing Nickel Alloy IN718 Powder

 
Inconel 718 Application
Many parts of modern aero engines, such as turbine discs, blades, brakes, shafts, stators, seals, supports, pipes, fasteners, etc., are made of In718. In addition, In718 is also used in nuclear reactors (heat exchanger pipe), sub (propeller blades, quick disconnect device, auxiliary propulsion motor), chemical (vessels, pumps, valves, pipe), power (industrial gas turbine), the oil and gas industry (underground pipelines, wellhead hardware, torch arm).
 
Inconel 718 Composition

 
What is Superalloy
Superalloy refers to a kind of metal material based on iron, nickel, and cobalt, which can work for a long time at high temperatures above 600℃ and under certain stress. 
It has high high-temperature strength, good oxidation and corrosion resistance, good fatigue performance, fracture toughness, and other comprehensive properties. Superalloy with a single austenite structure has good stability and reliability at various temperatures.  Superalloys are widely used in aviation, aerospace, petroleum, chemical, and ship.
 
According to the matrix elements, superalloys are divided into iron base, nickel base, cobalt base, and other superalloys. The use temperature of iron base superalloy can only reach 750-780℃ in general. For heat-resistant parts used at higher temperatures, people use nickel base and refractory metal-based alloy. Nickel-based superalloys play a very important role in the whole field of superalloys. They are widely used to manufacture the hottest parts of aviation jet engines and various industrial gas turbines.
 
Inconel 718 Powder Price
The price is influenced by many factors including the supply and demand in the market, industry trends, economic activity, market sentiment, and unexpected events.
If you are looking for the latest Inconel 718 powder price, you can send us your inquiry for a quote. ([email protected])
 
Inconel 718 Powder Supplier
Luoyang Tongrun Nano Technology Co. Ltd. (TRUNNANO) is a trusted global chemical material supplier & manufacturer with over 12-year-experience in providing super high-quality chemicals and Nanomaterials, including silicon powder, nitride powder, graphite powder, zinc sulfide, calcium nitride, 3D printing powder, etc.
If you are looking for high-quality Inconel 718 powder, please feel free to contact us and send an inquiry. ([email protected])
 

Due to the impact of COVID-19, russia-Ukraine conflict and international trade friction, the global economy is facing great challenges. Overseas trade is shrinking, supply chains are not smooth, oil prices are rising, freight rates are rising, and global trade and economic recovery are becoming more uncertain, which brings many risks and challenges to the company's business. The price of the In718 powder can also be influenced by the above factors. To get the price of the latest In718 powder, you are welcome to send email contact.

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