Why Use Tungsten Carbide Over Other Metals?
In terms of international pricing benchmarks, according to the CP data released by Saudi Aramco, the propane contract price (CP) in March was $895 / ton, up $120 / ton from the previous month, up 15.48% from the previous month and up 43.20% from the same period last year. Butane contract price (CP) in March was 920 US dollars/ton, up 145 US dollars/ton compared with last month, up 18.71% month-on-month, up 54.62% compared with the same period last year; In March, CP in Saudi Arabia rose sharply, giving a strong boost to the international and domestic LPG market. Benchmark LPG prices are higher than a year ago as the economy continues to recover and demand for crude oil continues to repair. According to this trend, the market price of tungsten carbide powder will also be affected to a certain extent.
Tungsten carbide is a compound in which two elements are combined to form a new metal. Recently, it has become increasingly popular in the industrial world as more and more people use it in place of traditional metals. It's a versatile and very useful material, but what makes it better than other metals?
Tungsten carbide is a very hard material. It is predicted to have a Mohs hardness of 8.5 to 9, second only to diamonds. This makes it a valuable metal with many different uses. Tungsten carbide bits are incredibly resilient to work where other metal bits blunt and break.
Steel, by contrast, has three times less rigidity than tungsten. This rigidity makes tungsten stronger than steel and titanium. Tungsten is very durable and can withstand many tests in any job. Whether it's tungsten powder or tungsten carbide blades, this compound gets the job done.
In addition to its strength, tungsten is easily recycled and can be used for many years. Tungsten carbide waste is collected, melted down, and modified better than other metals, potentially damaging or missing in the process. Other metals tend to lose their integrity or become too damaged to recycle, leading to more waste. Many companies are more than willing to buy tungsten scrap at a very reasonable price to give you less waste and a smaller carbon footprint.
The strength of tungsten plays an important role in its recovery value. Its toughness has ensured a long life, but there is no loss of durability in carbide recovery materials when it is recycled. Unlike metal, it is strong in all its uses and can be recycled again and again. Almost all other metals eventually break down. Because tungsten is a compound and not a natural metal, it does not have this disadvantage.
Tungsten has proved its superiority over other metals time and again in the industrial field. Its durable strength and versatility make carbide recovery materials one of the most valuable compounds.
Tungsten Carbide WC 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.
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Tungsten Carbide WC Powder Supplier
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The coronavirus (COVID-19) pandemic not only had a significant impact on public health, it also severely affected one of the linchpins of the global economy – the tourism industry. As many countries introduced curfews and travel restrictions to contain the spread of the virus, travel across the world significantly declined from early 2020 onwards. The financial repercussions of the coronavirus have already begun to manifest themselves within the tourism industry. In 2020, global revenue from the travel and tourism industry was estimated to drop from a forecasted 711.94 billion U.S. dollars to 568.6 billion U.S. dollars, representing a decrease of over 20 percent. The region predicted to see the highest decline in revenue was Europe, decreasing from 211.97 billion U.S. dollars in 2019 to roughly 124 billion U.S. dollars in 2020.
The downturn in tourism has caused the recession, and the weakening of the economy has also affected the market demand for tungsten carbide powder. Recently, however, the demand for tungsten carbide powder has increased, so contact us for the latest news on tungsten carbide powder.