Crushed stone and Steel

Their prices have moved together.

Crushed stone (commodity) and Steel (commodity): 1 relationship.

How they are linked

1. Price link: by-product substitute

Cost and price · Weak · Both ways

Blast furnace and steel slag are crushed and sold as aggregate for roads and concrete. The index shows no link with steel mill prices, monthly moves at -0.04 and yearly moves at -0.16, since slag volumes, not steel prices, affect aggregates.

• -0.04 monthly change correlation
• -0.16 12-month change correlation
• 0.73 fitted elasticity

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