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This particular alloy made of agglomerate elements is treated at high temperature.
The main characteristic are a good wear resistance even at high temperature and most of all a great resistance to corrosion that could be provoked by the utilization of oil solutions that are chemically aggressive. Furthermore presents very good characteristic to wear to oxidation.
This alloy is extremely compact and it is possible to obtain a finish surface with a max rugosity of 
Ra = .02/.06 u (metric).
This coating is utilized in particular conditions where a high wearing exist without damaging the wire quality