Nickel alloys or Ni-Hard find extensive use in a wide range of applications across various industries due to their desirable properties. Some common applications include:
Aerospace Industry: Nickel alloys are utilized in aircraft engines, gas turbines, and other aerospace components due to their high-temperature strength, corrosion resistance, and excellent mechanical properties.
Chemical Processing: Nickel alloys are well-suited for chemical plants where they are used in reactors, heat exchangers, piping systems, and valves. Their exceptional resistance to corrosion and high-temperature environments make them ideal for handling corrosive chemicals and acids.
Oil and Gas Industry: Nickel alloys are crucial in this industry for applications such as oil well drilling tools, valves, pumps, and tubing. Their resistance to corrosion, high strength, and ability to withstand harsh environments make them suitable for offshore and onshore operations.
Power Generation: Nickel alloys are used in power plants, particularly in turbines, generators, and heat exchangers. Their high-temperature strength and corrosion resistance make them ideal for efficient energy production.
Medical Industry: Nickel alloys find applications in medical devices such as implants, surgical instruments, and dental equipment. They offer biocompatibility, corrosion resistance, and mechanical strength necessary for medical applications.
Automotive Industry: Nickel alloys are employed in exhaust systems, catalytic converters, and engine components due to their high-temperature strength and corrosion resistance.
Marine Industry: Nickel alloys are used in marine applications, including shipbuilding and offshore structures, due to their resistance to seawater corrosion and high strength.
These are just a few examples, and nickel alloys have numerous other applications in fields such as desalination, food processing, nuclear power, and more.
MEPS International has stated that higher nickel costs in August helped US and Asian mills to lift market values.