Iron ore and Kaolin & clays

Their prices have moved together.

Iron ore (commodity) and Kaolin & clays (commodity): 1 relationship.

How they are linked

1. Price link: main use

Cost and price · Weak · Both ways

Bentonite binds fine iron ore concentrate into pellets for blast furnaces and direct reduction. The index link is small, monthly moves at 0.10 and yearly moves at -0.20, because bentonite is sold on contracts while iron ore swings with Chinese steel demand.

• 0.10 monthly change correlation
• -0.20 12-month change correlation
• 0.00 fitted elasticity

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