stainless steel 316 and its use 316 stainless steel is utilized for a range of uses. It is recognized by its composition and its mechanical and magnetic properties. It is also used in welding, and similar processes. Because of these attributes the m…
What is 316 Stainless Steel? Sometimes, alloys are added to steel in order to enhance the desired properties. The marine-grade stainless steel often referred to as Type 316, is resistant to certain kinds of harsh environments. There are a variety of…
Oil futures tumbled more than $5 a barrel on news that the Biden administration is considering releasing about 1 million barrels a day from the U.S. Strategic Petroleum Reserve (SPR) for several months to cool surging crude prices.Brent crude futures…
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,…
In terms of international pricing benchmarks, according to the CP data released by Saudi Aramco, the propane contract price (CP) in March was $895 / ton, up $120 / ton from the previous month, up 15.48% from the previous month and up 43.20% from the…
Recently, the world's largest investment management corporation, BlackRock, in a market research report said that currently, they prefer U.S. and Japanese equities to European equities because of the energy problem stemming from Russia's invasion of…
Gasoline prices at gas stations in the second week of March rose 97.6 won from the previous week to 1,861.6 won per liter. Although the average price for a week did not exceed 1,900 won, the price in the second half of the week in Seoul exceeded 2,00…