Distribution grids, mini-grids and interconnectors and Steel

Their prices have moved together.

Distribution grids, mini-grids and interconnectors (energy) and Steel (commodity): 1 relationship.

How they are linked

1. Price link: enclosures

Cost and price · Weak · Both ways

Switchgear cabinets, pole hardware and transformer tanks use sheet steel. The switchgear index shows little relation to steel prices, with yearly moves correlating at 0.12, since steel is a small cost share in finished switchgear.

• 0.03 monthly change correlation
• 0.12 12-month change correlation
• 0.67 fitted elasticity

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