The price of nickel and stainless steel rose together. Nickel afternoon hand in hand with stainless steel together turn red up. Due to the temporary easing of geopolitical risks, risk assets are now picking up, nonferrous metals, stock markets, and so on have risen, the overall mood has temporarily improved. Ore prices are strong, the overlay of the epidemic on spot logistics or the formation of a certain impact. Phase, nickel and stainless steel materials to maintain high wide concussion pattern.
Nickel prices based on low inventory, tight supply and demand will still show high wide fluctuations. In addition, the current LME has low liquidity, so its sensitivity to capital will remain relatively high. Shanghai nickel-wide fluctuations are expected to continue in the 200,000-250,000 yuan wide repeated fluctuation trend. While stainless steel is affected by the stronger nickel pig iron, the cost support continues, but note that under the current demand is not effectively released, the upward space may also be affected, the stage is expected to fluctuate between 20000 and 22,000 yuan. The price of nickel produced such fluctuations, indicating that the price of the Nitinol may also be affected to a certain extent.
What is Nitinol?
Nitinol is a shape memory alloy, which is a special alloy that can automatically restore its own plastic deformation to its original shape at a certain temperature. Its expansion rate is more than 20%, its fatigue life is up to 1*10 to the 7th power, its damping characteristics are 10 times higher than that of ordinary springs, and its corrosion resistance is better than the current best medical stainless steel, so it can meet various engineering and It is a very excellent functional material for medical application requirements.
In addition to its unique shape memory function, memory alloys also have excellent characteristics such as wear resistance, corrosion resistance, high damping and superelasticity.
Special properties of Nitinol
Shape memory: When the parent phase of a certain shape is cooled from above the Af temperature to below the Mf temperature to form martensite, the martensite is deformed at a temperature below Mf, and heated to below the Af temperature, accompanied by reversal. Phase transition, the material will automatically return to its shape in the parent phase. In fact, the shape memory effect is a thermally induced phase transformation process in Nitinol.
Superelasticity The so-called superelasticity refers to the phenomenon that the specimen produces a strain far greater than the elastic limit strain under the action of external force, and the strain can automatically recover when unloaded. That is, in the state of the parent phase, due to the action of external stress, the stress-induced martensitic transformation occurs, so that the alloy exhibits mechanical behavior different from ordinary materials. Its elastic limit is much larger than that of ordinary materials, and it no longer obeys Gram's Law. In contrast to shape memory properties, superelasticity has no thermal involvement. All in all, hyperelasticity means that the stress does not increase with the increase of strain within a certain deformation range, and hyperelasticity can be divided into linear hyperelasticity and nonlinear hyperelasticity.
In the former stress-strain curve, the relationship between stress and strain is close to linear. Nonlinear superelasticity refers to the result of stress-induced martensitic transformation and its inverse transformation during loading and unloading in a certain temperature range above Af, so nonlinear hyperelasticity is also called transformation pseudoelasticity. The phase transformation pseudoelasticity of Nitinol can reach about 8%. The superelasticity of Nitinol can vary with the heat treatment conditions, and when the archwire is heated above 400ºC, the superelasticity begins to decrease.
Corrosion resistance: Studies have shown that the corrosion resistance of nickel-titanium wire is similar to that of stainless steel wire
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Prior to the impact of COVID-19 on the chemicals and materials industry and the price of the Nitinol, 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 Nitinol 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 Nitinol, please feel free to contact us.
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