Iron oxide Fe3O4 is a commonly used magnetic material

The U.S. and its allies plan to impose sanctions on more Russian industries and supply chains.

The US government representatives recently visited Europe to consult with allies on strengthening and enforcing sanctions to punish Russia. They also plan to take action to disrupt their critical supply chains.

The US government claims that the sanctions imposed on Russia since the invasion began on February 24 have proved extremely effective, plunging Russia into a financial crisis. The sanctions include a freeze on the Russian central bank's foreign exchange assets, a ban on hard currency transactions by major Russian banks and wealthy individuals, and export restrictions on advanced semiconductors and other technologies. The sanctions have weakened the Russian economy and left the Kremlin with fewer resources.

The volatile international political situations will continue to affect the markets and prices of many commodities like the Iron Oxide Fe3O4.

Iron oxide Fe3O4 overview

Iron oxide Fe3O4  is an inorganic substance with the chemical formula Fe3O4. It is a magnetic black crystal, so it is also called magnetic iron oxide. It cannot be regarded as "ferrous metaferrite" [Fe(FeO2)2], nor can it be regarded as a mixture of ferrous oxide (FeO) and iron oxide (Fe2O3), but it can be approximately regarded as ferrous oxide. A compound composed of iron and iron oxide (FeO·Fe2O3). This substance is insoluble in water, alkaline solution and organic solvents such as ethanol and ether. Natural ferric oxide is insoluble in acid solution, and is easily oxidized to iron oxide (Fe2O3) in the air in a humid state. Usually used as a pigment and polishing agent, it can also be used in the manufacture of audio tapes and telecommunications equipment.

Application of iron oxide Fe3O4

Iron oxide Fe3O4 is a commonly used magnetic material.

Specially made pure ferric oxide is used as raw material for recording tapes and telecommunication equipment.

Natural magnetite is the raw material for iron making.

Used for primers and topcoats.

Ferric oxide is the main raw material for the production of iron catalyst (a catalyst).

It is very hard and can be used as abrasive. It has been widely used in the field of automobile braking, such as: brake pads, brake shoes, etc.

Ferric oxide has been recognized in the field of domestic welding materials, and the production of welding electrodes and wires is still in its infancy, and the market prospect is very broad.

Due to its large specific gravity and strong magnetic properties, ferric oxide has shown good performance in sewage treatment.

Ferric oxide can also be used as pigment and polishing agent.

We can also use certain chemical reactions, such as the use of sodium nitrite, etc., to form a dense layer of iron tetroxide on the surface of steel to prevent or slow down the corrosion of steel, such as the bluing of firearms, saw blades, etc. blackened. Commonly known as "baked blue".

Making special electrodes

In the contemporary electrified and information society, magnetic materials are widely used. As a multifunctional magnetic material, ferroferric oxide magnetic material has been widely used in tumor treatment, microwave absorption material, catalyst carrier, cell separation, magnetic recording material, magnetic fluid, medicine and other fields. There are development prospects.

Iron oxide Fe3O4 price

The price of iron oxide Fe3O4 powder will change randomly with the production cost, transportation cost, international situation and the market supply and demand of iron oxide Fe3O4 powder. Tanki New Materials Co.,Ltd aims to help various industries and chemical wholesalers find high-quality, low-cost nanomaterials and chemicals by providing a full range of customized services. If you are looking for iron oxide Fe3O4 powder, please feel free to send an inquiry to get the latest price of iron oxide Fe3O4 powder

Iron oxide Fe3O4 supplier

As a global supplier of iron oxide Fe3O4, Tanki New Materials Ltd. has extensive experience in the performance, application and cost-effective manufacturing of advanced and engineered materials. The company has successfully developed a series of powder materials (including boron carbide, aluminum carbide, titanium carbide, etc.), high-purity target materials, functional ceramics and structural devices, and provides OEM services.

Commodities such as crude oil, wheat, cotton, and nickel have rallied since Russia's "special military operations" began in late February. On the last trading day of this quarter, commodities were on track for their biggest gain since 1990. For this reason, it is expected that the price of the Iron Oxide Fe3O4 will continue to increase.

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