Iron oxide Fe3O4 is a commonly used magnetic material

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 Iron Oxide Fe3O4 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. 

Iron oxide Fe3O4 overview

Iron oxide Fe3O4  is an inorganic substance with the chemical formula Fe3O4. It is a magnetic black crystal, so it is also called magnetic iron oxide. It cannot be regarded as "ferrous metaferrite" [Fe(FeO2)2], nor can it be regarded as a mixture of ferrous oxide (FeO) and iron oxide (Fe2O3), but it can be approximately regarded as ferrous oxide. A compound composed of iron and iron oxide (FeO·Fe2O3). This substance is insoluble in water, alkaline solution and organic solvents such as ethanol and ether. Natural ferric oxide is insoluble in acid solution, and is easily oxidized to iron oxide (Fe2O3) in the air in a humid state. Usually used as a pigment and polishing agent, it can also be used in the manufacture of audio tapes and telecommunications equipment.

Application of iron oxide Fe3O4

Iron oxide Fe3O4 is a commonly used magnetic material.

Specially made pure ferric oxide is used as raw material for recording tapes and telecommunication equipment.

Natural magnetite is the raw material for iron making.

Used for primers and topcoats.

Ferric oxide is the main raw material for the production of iron catalyst (a catalyst).

It is very hard and can be used as abrasive. It has been widely used in the field of automobile braking, such as: brake pads, brake shoes, etc.

Ferric oxide has been recognized in the field of domestic welding materials, and the production of welding electrodes and wires is still in its infancy, and the market prospect is very broad.

Due to its large specific gravity and strong magnetic properties, ferric oxide has shown good performance in sewage treatment.

Ferric oxide can also be used as pigment and polishing agent.

We can also use certain chemical reactions, such as the use of sodium nitrite, etc., to form a dense layer of iron tetroxide on the surface of steel to prevent or slow down the corrosion of steel, such as the bluing of firearms, saw blades, etc. blackened. Commonly known as "baked blue".

Making special electrodes

In the contemporary electrified and information society, magnetic materials are widely used. As a multifunctional magnetic material, ferroferric oxide magnetic material has been widely used in tumor treatment, microwave absorption material, catalyst carrier, cell separation, magnetic recording material, magnetic fluid, medicine and other fields. There are development prospects.

Iron oxide Fe3O4 price

The price of iron oxide Fe3O4 powder will change randomly with the production cost, transportation cost, international situation and the market supply and demand of iron oxide Fe3O4 powder. Tanki New Materials Co.,Ltd aims to help various industries and chemical wholesalers find high-quality, low-cost nanomaterials and chemicals by providing a full range of customized services. If you are looking for iron oxide Fe3O4 powder, please feel free to send an inquiry to get the latest price of iron oxide Fe3O4 powder

Iron oxide Fe3O4 supplier

As a global supplier of iron oxide Fe3O4, Tanki New Materials Ltd. has extensive experience in the performance, application and cost-effective manufacturing of advanced and engineered materials. The company has successfully developed a series of powder materials (including boron carbide, aluminum carbide, titanium carbide, etc.), high-purity target materials, functional ceramics and structural devices, and provides OEM services.

The technology and telecommunications industry is advancing at a rapid pace in a process of constant innovation and excitement. Tech devices and infrastructure are becoming smarter and more connected, powered by emerging technologies such as 5G and artificial intelligence (AI) for the Internet of Things. Advances in IT service delivery, particularly the adoption of cloud computing and edge computing technologies, are supporting digital transformation in businesses and the wider economy.
Product name are widely used in technical equipment, the market demand for Iron Oxide Fe3O4 continues to expand, and a series of processes such as the management and sales of Iron Oxide Fe3O4 will continue to improve and develop. If you need a Iron Oxide Fe3O4, please contact us.

Inquiry us