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Spain gains 2,000 COVID-19 each day, affecting titanium nitride-related industries

The latest epidemic data released by the Spanish Ministry of Health at noon on the 15th local time shows that Spanish cases of new crown pneumonia have been confirmed in 7753 cases, with 2,000 new cases in a single day. A total of 288 deaths from new coronary pneumonia nationwide. In the most severe outbreak of the Madrid Autonomous Region, 3,544 people have been diagnosed. According to the latest adjustment of the epidemic prevention strategy, the governments of Madrid and Catalonia announced that they would stop the detection of patients with mild suspects in the two autonomous regions, instead of focusing on the prevention of severe cases.
A few days ago, the staff of a hospital in the north of Madrid was interviewed. One nurse, who asked not to be named, said that more patients are pouring in every day, and everyone is worried about the lack of medical and protective equipment, and the lack of masks and alcohol.
The front of another hospital, who asked not to be named, told reporters that most people in the hospital are doing their best to serve patients, but also heard that some staff have to isolate themselves.
Spanish Prime Minister Sanchez announced on the 14th that to curb the spread of the new crown pneumonia epidemic, Spain will now implement a 15-day "city closure" nationwide. Except for specific situations such as work, medical treatment, or purchase of daily necessities, people across the country are forbidden to leave the house.
Under the influence of the epidemic, local economic development has been dramatically affected. Since 2013, the Spanish economy has gradually begun to shake off the impact of the European debt crisis, and its financial performance has been better than most European countries since. In 2019, Spain's gross domestic product (GDP) will grow at about 2%, well above the euro area average. The unemployment rate dropped from a high of nearly 27% in early 2013 to 13.78% at the end of 2019. Tourism is a pillar industry in Spain. According to the World Travel and Tourism Council, Spain's tourism industry accounts for 15% of GDP, creating 2.8 million jobs in Spain.
However, due to the impact of the new crown epidemic, the Spanish tourism industry is suffering. The Spanish government is considering increasing bank loans to help the Spanish tourism industry cope with risks. Spain's Minister of Economy and Enterprise Calvini said that it has cut the forecast growth rate of Spain's GDP to 1.6% in 2020, and also mentioned that the slowdown of Spain's economy will curb the decline in unemployment in the past five years. At the same time, the related industries of titanium nitride materials will also be affected. Titanium nitride is used as a conductive material for electrodes, electrical contacts, and thin-film resistors in molten salt electrolysis, and has good electrical conductivity. As a high-temperature lubricant, titanium nitride has a low coefficient of friction and can be used as bearings and seal rings. Titanium nitride is used as a gold-imitation material in the jewelry industry and decoration industry, which is both beautiful and anticorrosive, and prolongs the life of crafts. These industries will be affected in the epidemic, including the production and processing of titanium nitride materials.
As one of the largest producers of titanium nitride, Trunnano has been committed to the development of the international market for titanium nitride materials. If you are interested in titanium nitride, please contact Rachel, Global Marketing Leader at Trunnano.
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