Material Insights · Understanding the Material World

Nuclear fission reactors and Steel

Their prices have moved together.

Nuclear fission reactors (energy) and Steel (commodity): 1 relationship.

How they are linked

1. Price link: construction input

Cost and price · Weak · Both ways

Reactor vessels, containment liners and reinforcing bars need large amounts of steel, alongside cement. Construction cost dominates nuclear economics, yet the uranium proxy cannot reflect it, so monthly moves correlate at only 0.05 with the steel index.

  • 0.05 monthly change correlation
  • 0.11 12-month change correlation
  • 0.37 fitted elasticity

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