As the world deals with potential supply shortages, oil prices are soaring again, with more dramatic spikes and sudden drops expected.
For consumers, that means more expensive gas for longer - prices at the pump remain above $4 a gallon. For the economy, that means more inflation. In addition to the pressure on consumers, any business that relies on oil -- from airlines and truck drivers to chemical companies and plastics producers -- will face higher costs.
Mr Pickering estimates that 2m to 3m barrels a day of Russian oil shipped by water are frozen out of the market with no direct buyers. Due to the soaring oil price, the price of the Tungsten Carbide in the chemical industry will also be greatly affected. He said China and India are continuing to buy Russian crude. "I'm sure there will be others willing to take on more over time," he said. Mr Pickering said he did not expect oil to return to $130 a barrel, but added that it could happen. Francisco Branch, head of commodities and derivatives at Bank of America, said the US market was ready for cyclical price spikes and price swings in the Tungsten Carbide.
What is Tungsten Carbide?
As one of the main production raw materials of cemented carbide, the physical and chemical properties of tungsten carbide (WC) powder, such as particle shape, particle size, particle size distribution, oxygen content, carbon content, bulk density, etc., will directly affect the quality of alloy products. Nowadays, with the gradual optimization of the production process of cemented carbide, the market demand for spherical tungsten carbide powder is also increasing.
Tungsten carbide is mainly composed of refractory metal tungsten and non-metallic carbon, and contains a small amount of impurity elements such as Co, Cr, Ti, Ta, Nb, V, Mn, Ni, Mo, O, etc. According to the different particle size, it can be divided into the following grades, WC10 (1.01~1.40um), WC30 (3.01~4.00um), WC50 (5.01~7.00um), WC100 (10.01~14.00um) and so on.
Properties of spherical tungsten carbide
Appearance is black powder, high purity ≥99.9%, sphericity ≥95%, melting point is 2870℃, boiling point is 6000℃, density is 15.63g/cm³, bulk density is greater than 7.0g/cm3, tap density is greater than 7.0. 5g/cm3, the flow performance is less than 10.0s/50g, and has the characteristics of high hardness, low thermal expansion coefficient, high compressive strength, large elastic modulus, and smooth surface. However, due to its high hardness, its processing performance is poor, so it is more suitable for 3D printing.
Production process of spherical tungsten carbide powder
Smelting method: The raw material powder (tungsten powder and carbon black or tungsten powder, carbon black and tungsten carbide) is melted into a liquid state, and droplets will form on the surface under the action of centrifugal rotation method, rotary atomization method or gas atomization method Spherical tungsten carbide.
Modified irregular tungsten carbide: The irregular WC is melted into a liquid state, and then the spherical tungsten carbide powder is made by the plasma spheroidization method or the resistance heat spheroidization method.
Uses of spherical tungsten carbide
Mainly used in the production of cemented carbide. According to different chemical compositions, cemented carbides can be divided into tungsten-cobalt, tungsten-titanium-cobalt and tungsten-titanium-tantalum (niobium) types.
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Commodities such as crude oil, wheat, cotton, and nickel have rallied since Russia's "special military operations" began in late February. On the last trading day of this quarter, commodities were on track for their biggest gain since 1990. For this reason, it is expected that the price of the Tungsten Carbide will continue to increase.
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