What is 316L Stainless Steel Powder?

The World Platinum Investment Association (WPIC) said recently that carmakers are accelerating reductions in palladium use and increased use of platinum due to concerns about Russian palladium supplies. However, it still expects a significant surplus in the platinum market this year.

Palladium is used by carmakers in tailpipe emissions systems to reduce carbon emissions.  While carmakers prefer palladium for catalytic converters, they are turning to platinum, which is cheaper than palladium, to save costs.

Russia accounts for about 25-30% of the world's palladium supply and 8-10% of its platinum supply.

There is no sign that western sanctions against Russia have restricted palladium exports since the conflict escalated in February, but as the conflict continues, more companies could boycott The Russian metal and governments could impose restrictions.

Platinum is currently trading at about $950 an ounce, about half the price of palladium.  Automakers use about 2.5 million to 3 million ounces of platinum and about 8.5 million ounces of palladium each year.

For the year as a whole, platinum supply will be 5 percent lower than in 2021 and demand 2 percent higher, with the automotive sector seeing a 16 percent increase due to increased light vehicle 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])
 

Russia is a major supplier of industrial metals such as nickel, aluminium and palladium. Russia and Ukraine are both major wheat exporters, and Russia and Belarus produce large amounts of potash, an input to fertiliser. The price and market of the 316L powder will fluctuate under its influence. Prices of these goods have been rising since 2022 and are now likely to rise further because of the Russia-Ukraine conflict. Russia is a major supplier of industrial metals such as nickel, aluminium and palladium. Russia and Ukraine are both major wheat exporters, and Russia and Belarus produce large amounts of potash, an input to fertiliser. The price and market of the 316L powder will fluctuate under its influence. Prices of these goods have been rising since 2022 and are now likely to rise further because of the Russia-Ukraine conflict.

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