Europe's largest economy, Germany, recently activated an emergency plan to manage gas supplies that the natural gas could be rationed if supplies are disrupted or disrupted by a stand-off over Russian demands to pay for fuel in rubles.
German Vice-Chancellor, minister of economy and climate protection, said Germany's gas supplies were secure for now, but he urged consumers and businesses to reduce consumption, saying "every kilowatt of electricity counts."
Germany's gas network regulator can ration gas if supplies run short. Plants would be the first to be affected. Special treatment will be provided to private families, hospitals, and other important institutions.
Half of Germany's 41.5 million households use natural gas for heating, and industry consumption accounts for a third of the country's 100 billion cubic meters of gas demand in 2021.
The price of many energy and commodities like the Ti6Al4V alloy could be affected.
What is Titanium Alloy?
Titanium alloy Ti6Al4V 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 main properties and uses
Ti6Al4V titanium alloy is heated below 430 ℃ for a long time to form a very thin and protective oxide film. As the heating temperature increases, the oxide film thickens and its protection becomes poor. After the alloy was heated at 700 °C for 2 h, the oxide film thickness reached 25 μrn. Heating at temperatures above 800°C forms a sparse oxide layer. After heating at 1000 °C for 1 h, the thickness of the oxide layer reached 0.65 mm.
Ti6Al4V alloy can be welded by argon arc welding, spot welding, brazing, electron beam welding and plasma welding. The strength of the welded joint is basically the same as that of the base metal.
When Ti6Al4V titanium alloy parts are in contact with aluminum alloy and structural steel parts, especially under certain corrosive medium conditions, aluminum alloy and structural steel parts will suffer accelerated corrosion and damage as the anode of the contact couple due to the negative electrode potential. Therefore, between TC4 titanium alloy parts and aluminum alloy or structural steel parts, protective measures such as padding and anti-corrosion tape should be taken. TC4 alloy parts are strictly prohibited from contact with parts or tools of lead, zinc, cadmium, tin, silver, bismuth and other metals.
Before vacuum annealing, the oxide skin and oxygen-rich layer on the surface of the parts should be removed, and the oil should be carefully removed before entering the furnace. When vacuum annealing parts with complex shapes, fixtures must be used to reduce the deformation of parts. Into the furnace parts are preferably filled with pre-degassed titanium oxide-free chips to prevent oxidation of the parts.
Ti6Al4V titanium alloy is now widely used in the manufacture of aero-engine fans and compressor discs and blades, as well as various load-bearing beams, frames, joints and fasteners in aircraft structures.
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Recently, the first press conference of the Boao Forum For Asia Annual Conference 2022 was held. Two flagship reports were released at the conference: "Asia's Economic Prospects and Integration Process 2022" and "Sustainable Asia and the World 2022-Green Transformation in Action in Asia".
The flagship report points out that the global economy will recover in 2021, and the pace of economic integration in the Asia-Pacific has not stopped even in the face of the impact of COVID-19. The Asia-Pacific region has provided new impetus for the world's economic recovery and institutional building.
The report gives an outlook on the Asian economy, noting that a number of factors will affect Asian economic growth. For example, mutated strains such as Delta and Omicron have become more transmissible, and many economies are experiencing epidemic peaks again. The Ukraine crisis has triggered geopolitical changes in Asia and Europe, leading to higher commodity prices, which may affect the global energy supply and energy transformation.
The report pointed out that the Asian economy will still be in the process of recovery in 2022, but the growth rate may moderate. According to the report, Asia's economic growth in 2022 is likely to be lower than the current IMF forecast, which is projected at 4.8%.
Affected by several factors, the supply of the Ti6Al4V alloy is erratic and thus its prices are expected to go higher in the future.
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