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 Iron Oxide Fe3O4 are also expected to be influenced.

Iron oxide Fe3O4 overview

Iron oxide Fe3O4  is an inorganic substance with the chemical formula Fe3O4. It is a magnetic black crystal, so it is also called magnetic iron oxide. It cannot be regarded as "ferrous metaferrite" [Fe(FeO2)2], nor can it be regarded as a mixture of ferrous oxide (FeO) and iron oxide (Fe2O3), but it can be approximately regarded as ferrous oxide. A compound composed of iron and iron oxide (FeO·Fe2O3). This substance is insoluble in water, alkaline solution and organic solvents such as ethanol and ether. Natural ferric oxide is insoluble in acid solution, and is easily oxidized to iron oxide (Fe2O3) in the air in a humid state. Usually used as a pigment and polishing agent, it can also be used in the manufacture of audio tapes and telecommunications equipment.

Application of iron oxide Fe3O4

Iron oxide Fe3O4 is a commonly used magnetic material.

Specially made pure ferric oxide is used as raw material for recording tapes and telecommunication equipment.

Natural magnetite is the raw material for iron making.

Used for primers and topcoats.

Ferric oxide is the main raw material for the production of iron catalyst (a catalyst).

It is very hard and can be used as abrasive. It has been widely used in the field of automobile braking, such as: brake pads, brake shoes, etc.

Ferric oxide has been recognized in the field of domestic welding materials, and the production of welding electrodes and wires is still in its infancy, and the market prospect is very broad.

Due to its large specific gravity and strong magnetic properties, ferric oxide has shown good performance in sewage treatment.

Ferric oxide can also be used as pigment and polishing agent.

We can also use certain chemical reactions, such as the use of sodium nitrite, etc., to form a dense layer of iron tetroxide on the surface of steel to prevent or slow down the corrosion of steel, such as the bluing of firearms, saw blades, etc. blackened. Commonly known as "baked blue".

Making special electrodes

In the contemporary electrified and information society, magnetic materials are widely used. As a multifunctional magnetic material, ferroferric oxide magnetic material has been widely used in tumor treatment, microwave absorption material, catalyst carrier, cell separation, magnetic recording material, magnetic fluid, medicine and other fields. There are development prospects.

Iron oxide Fe3O4 price

The price of iron oxide Fe3O4 powder will change randomly with the production cost, transportation cost, international situation and the market supply and demand of iron oxide Fe3O4 powder. Tanki New Materials Co.,Ltd aims to help various industries and chemical wholesalers find high-quality, low-cost nanomaterials and chemicals by providing a full range of customized services. If you are looking for iron oxide Fe3O4 powder, please feel free to send an inquiry to get the latest price of iron oxide Fe3O4 powder

Iron oxide Fe3O4 supplier

As a global supplier of iron oxide Fe3O4, Tanki New Materials Ltd. has extensive experience in the performance, application and cost-effective manufacturing of advanced and engineered materials. The company has successfully developed a series of powder materials (including boron carbide, aluminum carbide, titanium carbide, etc.), high-purity target materials, functional ceramics and structural devices, and provides OEM services.

Technical Parameter of Iron Oxide Fe3O4 Powder：
Test item	01	2
Content Fe3O4≥﹪	99	99
Moisture content ≤﹪	0.7	0.7
Water Soluble ≤﹪	0.4	0.4
Residue On Sieve(325mesh)	0.3	0.3
Oil absorption (ml/100g)	21	21
PH value	7	7
Tinting strength ﹪	99	99

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