Russia's insistence on paying for Russian gas in rubles has rattled European countries: Greece held an emergency meeting of suppliers, the Dutch government would urge consumers to use less gas, and the French energy regulator told consumers not to panic. Russian gas meets one-third of Europe's annual energy needs.
Russia said they could expand their demand for ruble payments for other commodities, including oil, grain, fertilizer, coal, and metals, which raised the risk of recession in Europe and the US.
Moscow is expected to unveil its ruble payment plan in early April, but it said it would not immediately ask buyers to pay for gas in rubles.
Western countries have said paying in rubles would be a breach of contract, and renegotiation could take months or longer. This uncertainty has pushed commodity market prices higher.
The supply and prices of other commodities like the Ti6Al4V powder could also be affected.
What is TC4?
The composition of titanium alloy TC4 material is Ti-6Al-4V, which belongs to (α+β) type titanium alloy and has good comprehensive mechanical and mechanical properties. than the strength. The strength sb=1.012GPa of TC4, the density g=4.51g/cm3, the specific strength sb/g=23.5, while the specific strength sb/g of alloy steel is less than 18. Titanium alloys have low thermal conductivity. The thermal conductivity of titanium alloy is 1/5 of iron and 1/10 of aluminum, and the thermal conductivity of TC4 is l=7.955W/m·K.
Properties and uses of TC4 titanium alloy
Titanium alloys have properties such as low quality and high strength, good high temperature strength and good corrosion resistance, and have been widely used in emerging fields such as aerospace, navigation, automobiles, medical equipment, and sports equipment. As a medium-strength α-β titanium alloy, TC4 is mainly used in the manufacture of aircraft fuselage, wing parts and engine blades, and is currently the most widely used titanium alloy. TC4 alloy has high strength, good thermal stability, excellent corrosion resistance and good biocompatibility.
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Prior to the impact of COVID-19 on the chemicals and materials industry and the price of the Ti6Al4V powder, many industry observers expected low to flat growth in 2021 in all regions outside Asia, with many countries seeing slower growth compared to recent years. Operational excellence has long been a hallmark of the Ti6Al4V powder chemical industry, and many companies are financially able to withstand short-term dips in end-market demand due to rapid leverage from reduced capex on hand.
The analysis shows that, whatever the final course of the pandemic, we can expect the inevitable long-term effects. Workplaces are expected to slowly return to pre-COVID-19 practices. Companies investing in enterprise-wide digital initiatives saw these "payoffs" in the early pandemic environment. For more information about Ti6Al4V powder, please feel free to contact us.
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