Products

  • 0
  • 0

Global 316L powder market trend 2022-2030 What is 316L Stainless Steel Powder? by Newsintegra927

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 316L 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. 

316L Stainless Steel Powder
316L class stainless steel, sometimes referred to as A4 or Marine class stainless steel, is the second most common austenitic stainless steel after 304/A2. 
 

Stainless Steel 316L Powder Properties
Other Names Stainless Steel Powders, SS316 powder, SS316L powder
CAS No. 52013-36-2
Compound Formula SS316L
Molecular Weight N/A
Appearance grey black powder
Melting Point N/A
Boiling Point N/A
Density 7.9g/cm3
Solubility in H2O N/A
Exact Mass N/A

 

3D Printing Stainless Steel SS316L Powder

 
Stainless Steel
Like steel, stainless steel consists mainly of iron and carbon. However, stainless steel also contains at least 10.5% chromium, a metallic element that gives the metal a finish and excellent corrosion resistance. Stainless steel is ideal for long-term applications that will face elements, moisture, and potentially corrosive chemicals. It is also ideal for sensitive industries such as food preparation and pharmaceuticals because the risk of contamination is much lower.
Different grades of stainless steel also contain trace amounts of different elements. Class 304 stainless steel contains up to 35% nickel and is used in applications such as appliances, cookware, plumbing, and hardware. Grade 316 contains molybdenum, making it ideal for Marine equipment, chemical and pharmaceutical equipment, and commercial kitchen equipment. 316 steel is available in different varieties, including 316L. 316L stainless steel contains less carbon and molybdenum than typical 316 steel, which gives the two alloys different properties.


Differences between 316 and 316L Stainless Steel
The 316L component has a lower proportion of carbon. To meet the requirements of 316L stainless steel, the carbon content should not exceed 0.03%. This reduces the risk of carbon deposition, making it a better choice for welding to ensure maximum corrosion resistance.
The carbon content of 316 stainless steel is moderate and the molybdenum content is between 2% and 3%, which improves resistance to corrosion, acid elements, and high temperatures.
Both materials have excellent ductility, which means they perform well in bending, stretching, deep drawing, and spinning.


How to choose 316 or 316L Stainless Steel?
The following factors need to be considered when deciding whether to use 316 or 316L stainless steel:
Corrosion resistance: 316L is the best choice for high corrosion and high-temperature applications. Because 316L has less carbon than 316, it has better intergranular corrosion resistance, which means its welds don't decay like 316 stainless steel.
Cost: Although 316L has a lower carbon content, 316 and 316L stainless steel cost about the same.
Magnetism: 316 stainless steel has very low response to the magnetic field. Unlike ferromagnetic basic stainless steel, most varieties of stainless steel (including 316) are austenitic--or actually nonmagnetic. 
However, some 316 stainless steel products can undergo processes such as cold forming and welding, in which the austenite crystal structure is transformed into ferromagnetic martensite. 316L steel is easier to obtain a degree of magnetism. 
Practical applications: Both types of stainless steel can be used in a variety of industries.  However, 316 is mainly used in construction and infrastructure because it is robust, pitting, and corrosion resistant in most cases. The 316L is popular in pharmaceutical and photographic equipment because it can withstand welding and corrosive chemicals. 
 

Stainless Steel 316L Powder Price
The price is influenced by many factors including the supply and demand in the market, industry trends, economic activity, market sentiment, and unexpected events.
If you are looking for the latest stainless steel 316L powder price, you can send us your inquiry for a quote. ([email protected])
 

Stainless Steel 316L Powder Supplier
Luoyang Tongrun Nano Technology Co. Ltd. (TRUNNANO) is a trusted global chemical material supplier & manufacturer with over 12-year-experience in providing super high-quality chemicals and Nanomaterials, including silicon powder, nitride powder, graphite powder, zinc sulfide, calcium nitride, 3D printing powder, etc.
If you are looking for high-quality stainless steel 316L powder, please feel free to contact us and send an inquiry. ([email protected])

 

New Delhi: India's Oil Ministry recently conveyed its intention to five national oil companies including Indian Oil Corp and Bharat Petroleum Resources LTD to assess the possibility of buying shares in Russian oil projects sold by European and American oil majors.  

Bp announced it would give up its 19.75% stake in Rosneft, the Russian oil company.  ExxonMobil said on March 1 that it would exit about $4 billion in assets and terminate all of its Russian operations, including the Sakhalin-1 project in Russia's far East.  

India's oil ministry has asked the overseas investment arm of India's Oil and Gas Corporation to consider buying ExxonMobil's 30 percent stake in the Sakhalin 1 project in Russia's far East. ExxonMobil is the operator of the project and Indian companies already have a 20 percent stake in the project.

Because of the ever-changing international situation, the supply and prices of international bulk 316L powder are still very uncertain.

Inquery us

Our Latest Products

Global Spherical Alumina Al2O3 Powder,Overview of Spherical Alumina Al2O3 Powder,Application of Spherical Alumina Al2O3 Powder,Spherical alumina Al2O3 powder price,Spherical alumina Al2O3 powder supplier market trend 2022-2030 Is Alumina Safe for Skin? by

Spherical alumina has the characteristics of high sphericity and high content of α-phase alumina, and exhibits excellent performance when used as filler for rubber, plastic and ceramic raw materials.…

Global manganese silicide, manganese silicide overview, manganese silicide application, manganese silicide suppliers, manganese silicide price market trend 2024-2029 Overview and properties of manganese silicide by Newsintegra927

Manganese silicide is also known as manganese disilicide, the chemical formula is MnSi2. MnSi2 powder is used as cemented carbide additives, high temperature structural materials, etc.…

Global early strength agent market trend 2025-2030 What Role Do Early Strength Agents Play? by Newsintegra927

Under the premise of ensuring the quality of concrete, early strength agent can greatly shorten its final setting time, make it as early as possible, and then accelerate the turnover of template, save template dosage.…