What is 316L Stainless Steel Powder?

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The US President recently said the conflict between Russia and Ukraine had driven up the prices of all the world's major food staples, including wheat, corn, barley, oilseeds and edible oils, and that Russia and Ukraine together supplied more than 25% of the world's wheat exports and about 20% of its barley exports. 

To address the food shortage, the Biden administration says it plans to increase the number of counties eligible for insurance for double cropping. Double cropping is when farmers grow two different crops a year on the same field. 

Under Biden's plan, the number of counties eligible for two-season crop insurance would increase by 681, for a total of 1,935. 

The UN has warned that up to 1.7bn people are "highly exposed" to the domino effect of the conflict between Russia and Ukraine on the global food, energy, and financial systems.  The agency says conflict could increase hunger in countries where people are already suffering from malnutrition.

Even countries where food is less scarce are being hit by rising prices. U.S. grocery prices rose 1% in April, compared with a 10.8% increase over the past 12 months, the Labor Department said recently.

According to the White House, global food prices have risen nearly 13 percent since the outbreak of the Russia-Ukraine conflict. 

Besides, affected by the ever-changing international situation, the supply and prices of international bulk 316L powder are still very uncertain.

316L Stainless Steel Powder
316L class stainless steel, sometimes referred to as A4 or Marine class stainless steel, is the second most common austenitic stainless steel after 304/A2. 
 

3D Printing Stainless Steel SS316L Powder

 
Stainless Steel
Like steel, stainless steel consists mainly of iron and carbon. However, stainless steel also contains at least 10.5% chromium, a metallic element that gives the metal a finish and excellent corrosion resistance. Stainless steel is ideal for long-term applications that will face elements, moisture, and potentially corrosive chemicals. It is also ideal for sensitive industries such as food preparation and pharmaceuticals because the risk of contamination is much lower.
Different grades of stainless steel also contain trace amounts of different elements. Class 304 stainless steel contains up to 35% nickel and is used in applications such as appliances, cookware, plumbing, and hardware. Grade 316 contains molybdenum, making it ideal for Marine equipment, chemical and pharmaceutical equipment, and commercial kitchen equipment. 316 steel is available in different varieties, including 316L. 316L stainless steel contains less carbon and molybdenum than typical 316 steel, which gives the two alloys different properties.

Differences between 316 and 316L Stainless Steel
The 316L component has a lower proportion of carbon. To meet the requirements of 316L stainless steel, the carbon content should not exceed 0.03%. This reduces the risk of carbon deposition, making it a better choice for welding to ensure maximum corrosion resistance.
The carbon content of 316 stainless steel is moderate and the molybdenum content is between 2% and 3%, which improves resistance to corrosion, acid elements, and high temperatures.
Both materials have excellent ductility, which means they perform well in bending, stretching, deep drawing, and spinning.

How to choose 316 or 316L Stainless Steel?
The following factors need to be considered when deciding whether to use 316 or 316L stainless steel:
Corrosion resistance: 316L is the best choice for high corrosion and high-temperature applications. Because 316L has less carbon than 316, it has better intergranular corrosion resistance, which means its welds don't decay like 316 stainless steel.
Cost: Although 316L has a lower carbon content, 316 and 316L stainless steel cost about the same.
Magnetism: 316 stainless steel has very low response to the magnetic field. Unlike ferromagnetic basic stainless steel, most varieties of stainless steel (including 316) are austenitic--or actually nonmagnetic. 
However, some 316 stainless steel products can undergo processes such as cold forming and welding, in which the austenite crystal structure is transformed into ferromagnetic martensite. 316L steel is easier to obtain a degree of magnetism. 
Practical applications: Both types of stainless steel can be used in a variety of industries.  However, 316 is mainly used in construction and infrastructure because it is robust, pitting, and corrosion resistant in most cases. The 316L is popular in pharmaceutical and photographic equipment because it can withstand welding and corrosive chemicals. 
 
Stainless Steel 316L 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.
If you are looking for the latest stainless steel 316L powder price, you can send us your inquiry for a quote. ([email protected])
 
Stainless Steel 316L Powder Supplier
Luoyang Tongrun Nano Technology Co. Ltd. (TRUNNANO) is a trusted global chemical material supplier & manufacturer with over 12-year-experience in providing super high-quality chemicals and Nanomaterials, including silicon powder, nitride powder, graphite powder, zinc sulfide, calcium nitride, 3D printing powder, etc.
If you are looking for high-quality stainless steel 316L powder, please feel free to contact us and send an inquiry. ([email protected])
 

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 316L powder is erratic and thus its prices are expected to go higher in the future.

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