A recent poll in Britain found that public support for sanctions against Russia is falling as fuel and prices rise.
The proportion of people willing to accept higher fuel prices as a result of western sanctions against Russia fell 14 percentage points to 36% from 50% in March, according to a survey conducted for the Telegraph by consultancy Redfield & Wilton Strategies.
Global energy and fuel prices have soared since the start of the year and remain high because of the conflict between Russia and Ukraine and uncertainty over Russian supplies.
The survey also found that 54% of people believe their own financial situation has worsened in the past year, up 12 percentage points from 42% two months ago. Sixty-two percent think things will get worse in the year ahead. Less than a third of respondents said they had received a pay rise to keep up with inflation, with two-thirds of those saying it was not enough to keep up with rising living costs.
The figures suggest that public concern about the conflict with Ukraine is now likely to be overtaken by financial worries.
Separately, the UK's consumer price index rose 7 percent this month from a year earlier, the highest since March 1992, according to figures released recently by the Office for National Statistics. In addition, a separate report released a few days ago by the Centre for Economics and Business Research said that real household disposable income in the UK will fall by 3% in 2022, equivalent to a loss of £2,320 per household, which would lead to the biggest drop in living standards since the 1950s. That is mainly because wages aren't keeping up with rising energy and fuel costs.
The prices of other commodities like the Ti6Al4V Powder are also expected to be influenced.
What is TC4(Ti6Al4V)?
TC4(Ti6Al4V) alloy is a medium strength α-β type two-phase titanium alloy containing 6% α-stabilizing element AI and 4% β-stabilizing element V. This alloy has excellent comprehensive properties and has obtained the most extensive applications in the aviation and aerospace industries. The long-term working temperature of the alloy can reach 400 ℃. In the aviation industry, it is mainly used to manufacture the fan and compressor disks and blades of the engine, as well as the important load-bearing components such as beams, joints and bulkheads in the aircraft structure.
The main semi-finished products of TC4 titanium alloy are bars, forgings, thick plates, thin plates, profiles and wires, etc. The alloy is mainly used in the annealed state, and can also be strengthened by solution aging treatment, but the hardened cross section is generally not more than 25mm.
The alloy has good process plasticity and superplasticity, and is suitable for various pressure forming. The alloy can also be welded and machined in various ways.
TC4(Ti6Al4V) heat treatment system
Plate: 700-850℃, 0.5-2h, air cooling; bar and forging: 700-800℃, 1-2h, air cooling.
2. Vacuum annealing
700-800°C, 0.5-2h, the furnace is cooled to below 200°C to allow air cooling. The absolute pressure in the furnace should be no more than 0.09Pa.
3. Solution treatment
910-940℃, 0.5-2h, water quenching.
520-550°C, 2-4h, air cooling.
5. Stress relief annealing
Complete stress relief annealing: 600-650℃, 1-4h, air cooling; incomplete stress relief annealing: 500-600℃, 0.5-3h, air cooling. Stress relief annealing can be carried out in an air furnace or a vacuum furnace.
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Since February, gold has enjoyed a smooth upward run on the back of surging US inflation and the brewing of war. While expectations of rate rises have also risen in tandem over this period, gold had been largely pre-priced and the underlying driver of tightening expectations had come from inflation continuing to rise to record highs. The risk aversion caused by the continued tension in the war also provided an important short-term support for gold. This will have a certain impact on the price of the Ti6Al4V Powder and the market of the Ti6Al4V Powder.
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