Inconel alloy , a nickel-based alloy by adding other elements . ***5 system out of about *0% copper Monel (Monel) alloys, Inconel earlier . Ni has good mechanical , physical and chemical properties by adding a suitable element to increase its oxidation resistance, corrosion resistance, high temperature strength and improve certain physical properties. Inconel material can be used as electron tubes , precision alloy ( magnetic alloy , precision resistance alloys , electric alloys, etc. ) , nickel-based alloys and nickel-based high-temperature corrosion resistant alloys and shape memory alloys. Development in the energy , chemical, electronics , marine, aviation and aerospace sectors , Inconel has wide range of applications .