Coking coal and Iron ore

Their prices have moved together.

Coking coal (energy) and Iron ore (commodity): 1 relationship.

How they are linked

1. Price link: co-input

Cost and price · Moderate · Both ways

Iron ore and coking coal are the two raw materials of blast-furnace steel, bought by the same mills. They share a demand driver but have separate supply shocks; with thermal coal standing in, monthly moves correlate at 0.27 and yearly moves at 0.37.

• 0.27 monthly change correlation
• 0.37 12-month change correlation
• 0.59 fitted elasticity

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