Hydrogen and Iron ore

Their prices have moved together.

Hydrogen (chemical) and Iron ore (commodity): 1 relationship.

How they are linked

1. Price link: future reductant

Cost and price · Weak · Both ways

Green steel plans use hydrogen to reduce high-grade iron ore pellets directly, which would raise the premium for high-grade ore. Today the hydrogen index is a US industrial gas price and shows no link with ore (-0.06 monthly).

• -0.06 monthly change correlation
• -0.20 12-month change correlation
• -1.54 fitted elasticity

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