Mechanical power transmission and Steel

Their prices have moved together.

Mechanical power transmission (energy) and Steel (commodity): 1 relationship.

How they are linked

1. Price link: main material

Cost and price · Weak · Both ways

Gears and shafts are machined from alloy steel. The index shows no monthly link to steel mill prices, correlating at 0.00, because machining, heat treatment and design dominate cost and list prices change only now and then.

• 0.00 monthly change correlation
• 0.12 12-month change correlation
• 0.58 fitted elasticity

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