Recently, the world's largest investment management corporation, BlackRock, in a market research report said that currently, they prefer U.S. and Japanese equities to European equities because of the energy problem stemming from Russia's invasion of Ukraine.
"Russia's invasion of Ukraine caused terrible injuries, a surge in commodity prices, and food and energy security issues," BlackRock, "It is stifling the economic growth and fulling inflation driven by supply problems. Europe is most affected among those developed markets, as it is trying to wean itself off Russian energy."
The volatile international political situations will continue to affect the markets and prices of many commodities like the Hastelloy X alloy.
What is GH3536 superalloy (Hastelloy X alloy)
GH3536 (Hastelloy X alloy) is a nickel-based superalloy with high iron content mainly solid solution strengthened by chromium and molybdenum. It has good oxidation resistance and corrosion resistance, and has moderate durability and creep below 900 ℃. Strength, cold and hot workability and good weldability. Used in the manufacture of combustion chamber parts and other high-temperature parts of aero-engines, long-term use below 900 °C, and short-term operating temperature can reach 1080 °C. The main varieties supplied are plates, strips, pipes, bars, forgings, rings and precision castings.
GH3536 (Hastelloy X alloy) process performance and requirements
GH3536 (Hastelloy X alloy) formability alloy has good cold and hot forming
properties. Forging heating temperature 1170℃±10℃, final forging temperature not
lower than 950℃; slab hot rolling heating temperature 1150℃±10℃, final rolling
temperature not lower than 850℃; ring hot rolling heating temperature 1170℃±10℃
GH3536 (Hastelloy X alloy) welding performance This alloy has good welding process performance, and can be welded by argon arc welding, seam welding and spot welding. HGH3536 or HGH3113 wire is recommended for argon arc welding.
The microstructure of the alloy in the solid solution state is an austenite matrix with a small amount of TiN and M6C carbides. After long-term aging at 700～900℃, the main precipitation phases are M12C and M3B2, accompanied by trace μ phase and L phase. After aging at 700℃ for 200h, a small amount of σ phase appeared, but after aging at 800℃, the σ phase did not exist, and a small amount of M23C6 was precipitated, and sometimes a small amount of L phase appeared. Therefore, the alloy exhibits a certain degree of age hardening after long-term aging, which reduces the plasticity and the high temperature strength.
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Due to the Russia-Ukraine conflict and the covid-19 pandemic, how will the international situation develop is highly uncertain. It is too difficult to assess its economic impact properly. However, we could see energy prices and commodity prices keep rising and supply chains are disrupted. Therefore, Hastelloy X alloy prices are expected to rise in the future.
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