What is Shape Memory Alloy Nitinol
Risk aversion plunged on the positive news of the Russia-Ukraine talks. After several days of rising oil prices, the price of precious metals continued to fall. Domestic futures markets remain stable for the time being.
Back in international markets, WTI crude futures briefly dipped below $100 a barrel, while Brent crude hit its lowest intraday level in nearly two weeks. Spot gold briefly fell below $1,900 an ounce. Comex gold futures closed down 1.1 percent at $1,918.4 an ounce. Comex silver futures closed down 1.14 percent at $24.91 an ounce. "Recently, crude oil prices have been extremely sensitive to changes in geopolitical news." Traders believe that the current oil price is still in the broad impact, Ukraine will still be a premium in the case, although the market further decline, but should not be too pessimistic, it is recommended to wait and see for the time being. The Ukrainian premium is still there and there will be some volatility in the Nitinol market.
What is Nitinol?
Nitinol is a shape memory alloy, which is a special alloy that can
automatically restore its own plastic deformation to the original shape at a
certain temperature, and has good plasticity. In addition to its unique shape
memory function, memory alloys also have excellent characteristics such as wear
resistance, corrosion resistance, high damping and superelasticity.
Nickel-titanium alloy has a strong "memory", it can accurately restore its
original shape with the change of temperature, use it to fill teeth, and even
the frog holes that you have twisted around can be inlaid very tightly; use it
to When connecting the pipes, it will be like the tight hoop on Sun Wukong's
head, which can shrink automatically and is very firm.
Uses of Nitinol
The pipe joint device made of nickel-titanium alloy can automatically shrink
when heated, so the pipe joint can connect the catheter very firmly. This kind
of pipe joint is used in the system of naval ships and some chemical devices.
Many countries use shape memory alloys to make self-fastening rivets to fasten
the connection of some special parts such as aircraft and spacecraft. The United
States also uses shape memory alloys to develop an antenna that opens
automatically in a spacecraft. This antenna can be automatically folded and put
into the spacecraft. As the flight altitude rises, the temperature rises under
the sunlight, and the folded antenna will automatically open again.
Nitinol can also be used for the early alignment and leveling of patients'
dentition. Due to the superelasticity and shape memory properties of the Nitinol
archwire and the lower stress-strain curve, the Nitinol archwire is currently
routinely included in the clinical practice. The arch wire of the orthodontic
Nickel-titanium push springs and tension springs are springs for
orthodontics. They are super-elastic with nickel-titanium, and are suitable for
orthodontic treatment to open up gaps between teeth and pull teeth in different
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Inflationary pressures on Canadians continue to rise. The consumer-price index rose 6.7% in March from a year earlier, the biggest increase since January 1991, according to the latest figures from Statistics Canada.
On a month-on-month basis, Canada's CPI rose 1.4 percent in March, also accelerating from February's 1.0 percent rise.
Prices in the eight major sectors covered by the statistics continued to rise. The uptrend comes against the backdrop of continued price pressures in the Canadian housing market, widespread supply chain constraints, and geopolitical conflicts, according to CBC. A variety of factors have affected energy, commodity, and agricultural markets. Meanwhile, Canada's employment picture continued to improve in March, with the unemployment rate falling to a record low and the average hourly earnings of employees rising.
Excluding gasoline, Canada's CPI rose 5.5 percent year on year in March. It is also the highest since comparable data began in 1999.
The widespread supply chain constraints and geopolitical conflicts are expected to continue to affect the prices of the Nitinol.