# Electric heating and Graphite

Their prices have moved together.

Source page: https://www.materialinsights.org/links/electric-heating-and-graphite/

[Electric heating](https://www.materialinsights.org/energy/e_electric_heat/) (energy) and [Graphite](https://www.materialinsights.org/commodities/graphite/) (commodity): 1 relationship.

## How they are linked

### 1. Price link: arc furnace electrodes

*Cost and price · Weak · Both ways*

Electric arc furnaces consume large graphite electrodes made from needle coke, and electrode shortages have raised steelmaking costs. The proxy for carbon and graphite products shows no clear link with the equipment index, correlating at -0.04 monthly, as electrodes are a running cost.

- **-0.04** monthly change correlation
- **0.01** 12-month change correlation
- **0.65** fitted elasticity

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