Russia and Ukraine is an important exporters of oil, natural gas, metals, fertilizers, rare gases and other industrial raw materials. Affected by the further intensification of the tension of the war, the global market has become more worried about the supply of the ss316l powder, and panic spreads in the futures market. Prices of commodities such as aluminum and nickel are at recent highs on concerns that supplies will fall. Russia accounts for 49 percent of global exports of nickel, 42 percent of palladium, 26 percent of aluminum and 13 percent of platinum, and is a significant exporter of steel and copper. Palladium is an important metal for sensors and memory. In addition, Russia is the world's largest exporter of nitrogen fertilizer, the second largest exporter of potash fertilizer, and the third-largest exporter of phosphate fertilizer. Ukraine is also an important producer of nitrogen fertilizer. Russia's natural gas supply also has a significant impact on the global fertilizer industry and ss316l powder industry, especially in Europe. The price of the product name will also fluctuate to some extent. Russia carries out crude gas separation, and Ukraine is responsible for refined exports. Ukraine supplies 70% of the world's neon, 40% of krypton and 30% of xenon. These three gases are the materials used to make chips.
What is 316L?
316l is a molybdenum-containing stainless steel, and 316l is a grade of stainless steel. 316l stainless steel, also known as stainless steel and titanium steel, has good corrosion resistance, high temperature resistance and creep resistance, and is usually used in marine applications.
The main properties of 316L stainless steel
316L has a wide range of applications in the chemical industry due to its excellent corrosion resistance. 316L is also a derivative of 18-8 type austenitic stainless steel, with 2 to 3% of Mo added. On the basis of 316L, many steel grades are also derived. For example, 316Ti is derived after adding a small amount of Ti, 316N is derived after adding a small amount of N, and 317L is derived by increasing the content of Ni and Mo.
Most of the existing 316L on the market are produced according to American Standard. For cost reasons, steel mills generally try to lower the Ni content of their products to the lower limit. The American standard stipulates that the Ni content of 316L is 10-14%, while the Japanese standard stipulates that the Ni content of 316L is 12-15%. According to the minimum standard, there is a 2% difference in Ni content between the American standard and the Japanese standard, which is quite huge in terms of price. Therefore, customers still need to see clearly when purchasing 316L products, whether the products refer to ASTM or JIS standards.
The Mo content of 316L makes this steel with excellent resistance to pitting corrosion and can be safely used in environments containing Cl- and other halogen ions. Since 316L is mainly used for its chemical properties, steel mills have slightly lower requirements for surface inspection of 316L (compared to 304), and customers with higher surface requirements should strengthen surface inspection.
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The COVID-19 pandemic has affected economies and chemical companies in many countries around the world. Measures such as extending holidays and resuming work were taken to control the development of the epidemic, and the normal operation of some chemical enterprises was also affected to some extent.
TRUNNANO provides high quality ss316l powder with reasonable price. “In order to feedback to old customers, the company is still in full operations to provide ss316l powder with competitive price.” said Olina, sales manager of TRUNNANO.
Chemical production is highly dependent on transportation, and the epidemic affects the circulation of people and materials first. Predictably, none of this is rosy. In densely populated areas with large mobility, the situation of epidemic prevention and control becomes more severe in the later stage. If you are looking for the ss316l powder, feel free to contact us.
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