# Coking coal and Hydrogen

Their prices have moved together.

Source page: https://www.materialinsights.org/links/coking-coal-and-hydrogen/

[Coking coal](https://www.materialinsights.org/energy/coking_coal/) (energy) and [Hydrogen](https://www.materialinsights.org/chemicals/hydrogen/) (chemical): 1 relationship.

## How they are linked

### 1. Price link: substitute reductant

*Cost and price · Weak · Both ways*

Direct reduction of iron with hydrogen or gas could replace coke in steelmaking, cutting coking coal demand over the long run. No price link exists yet: the hydrogen index is a US industrial gas price and shows no correlation with coal (0.01).

- **0.01** monthly change correlation
- **-0.10** 12-month change correlation
- **-1.69** fitted elasticity

Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.