# Distribution grids, mini-grids and interconnectors and Steel

Their prices have moved together.

Source page: https://www.materialinsights.org/links/distribution-grids-mini-grids-and-interconnectors-and-steel/

[Distribution grids, mini-grids and interconnectors](https://www.materialinsights.org/energy/e_distribution/) (energy) and [Steel](https://www.materialinsights.org/commodities/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.