Iron ore and Water treatment chemicals

Iron ore is a raw material for water treatment chemicals; their prices have moved together.

Iron ore (commodity) and Water treatment chemicals (chemical): 2 relationships.

How they are linked

1. Feedstock

Physical flow · Direct · Iron ore → Water treatment chemicals

Water treatment chemicals is made from iron ore: it is one of the raw materials its production routes start from.

2. Price link: coagulant source

Cost and price · Weak · Both ways

Ferric chloride and ferric sulphate coagulants are made from scrap iron, iron oxides or steel pickling liquors rather than from iron ore itself. The link is therefore indirect, and monthly moves correlate at -0.09.

• -0.09 monthly change correlation
• -0.06 12-month change correlation
• 0.11 fitted elasticity

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