Gold is a high-quality hedge hedging tool, favored by investors. Especially in recent years, with the increasing instability of the world economy, gold has become one of the preferred asset allocations of investors because of its functions of hedging and fighting inflation.
Earlier, the worsening situation in Ukraine sent gold prices soaring to a two-year high of $2,070 an ounce. But gold, along with other commodities, fell back last week as conditions changed and bulls took profits, hitting a low of $1,895 an ounce. Rising gold prices may also have an impact on the Ti6Al4V Powder prices.
According to China Business News, Goldman Sachs raised its gold price forecast in early March, considering Asian buyers' gold consumption demand, investment demand and central bank gold purchase demand continue to rise. Three -, six - and 12-month targets were raised to $2,300, $2,500 and $2,500 an ounce, respectively, from $1,950, $2,050 and $2,150. The last time all three accelerated was in 2010-11 when gold prices rose nearly 70%.
The World Gold Council has also noted that global gold demand is at its highest level in nearly two years, which is linked to a recovery in consumption and consumer sentiment to combat inflation.
What is TC4(Ti6Al4V)?
TC4(Ti6Al4V) alloy is a medium strength α-β type two-phase titanium alloy containing 6% α-stabilizing element AI and 4% β-stabilizing element V. This alloy has excellent comprehensive properties and has obtained the most extensive applications in the aviation and aerospace industries. The long-term working temperature of the alloy can reach 400 ℃. In the aviation industry, it is mainly used to manufacture the fan and compressor disks and blades of the engine, as well as the important load-bearing components such as beams, joints and bulkheads in the aircraft structure.
The main semi-finished products of TC4 titanium alloy are bars, forgings, thick plates, thin plates, profiles and wires, etc. The alloy is mainly used in the annealed state, and can also be strengthened by solution aging treatment, but the hardened cross section is generally not more than 25mm.
The alloy has good process plasticity and superplasticity, and is suitable for various pressure forming. The alloy can also be welded and machined in various ways.
TC4(Ti6Al4V) heat treatment system
Plate: 700-850℃, 0.5-2h, air cooling; bar and forging: 700-800℃, 1-2h, air cooling.
2. Vacuum annealing
700-800°C, 0.5-2h, the furnace is cooled to below 200°C to allow air cooling. The absolute pressure in the furnace should be no more than 0.09Pa.
3. Solution treatment
910-940℃, 0.5-2h, water quenching.
520-550°C, 2-4h, air cooling.
5. Stress relief annealing
Complete stress relief annealing: 600-650℃, 1-4h, air cooling; incomplete stress relief annealing: 500-600℃, 0.5-3h, air cooling. Stress relief annealing can be carried out in an air furnace or a vacuum furnace.
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The Ti6Al4V Powder industry has experienced demand expectations driven by the rise and the off-season tired stock driven by the seasonal decline in two rounds of the market. Affected by the COVID-19 epidemic and other factors, inventories of manufacturers continue to accumulate, putting pressure on market sentiment. In addition to off-season factors, the weak trend of Ti6Al4V Powder also reflects the market's concern about the epidemic and some other related enterprises' financial situation.
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