Production cost and economic benefit of titanium alloy forgings
As a kind of high performance material, titanium alloy forgings have been widely used in aviation, aerospace, chemical industry and other fields. However, the high production cost of titanium alloy forgings has become a factor restricting its wide application. This paper discusses the relationship between production cost and economic benefit of titanium alloy forgings. First of all, the production cost of titanium alloy forgings is higher, mainly because of its raw material costs, processing costs and equipment costs are higher. The price of titanium alloy is much higher than that of ordinary steel, and its processing is difficult, requiring high-precision equipment and process control, which further increases the production cost. In addition, the production of titanium alloy forgings is small,…
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