# Steel and Waste-heat power (steam Rankine)

Waste-heat power (steam Rankine) needs steel; their prices have moved together.

Source page: https://www.materialinsights.org/links/steel-and-waste-heat-power-steam-rankine/

[Steel](https://www.materialinsights.org/commodities/steel/) (commodity) and [Waste-heat power (steam Rankine)](https://www.materialinsights.org/energy/e_whr_rankine/) (energy): 2 relationships.

## How they are linked

### 1. Material need

*Physical flow · Direct · Steel → Waste-heat power (steam Rankine)*

Building or running Waste-heat power (steam Rankine) needs steel.

### 2. Price link: host and material

*Cost and price · Weak · Both ways*

Steelworks recover heat from sinter coolers and furnaces, and the boilers and turbines are themselves made of steel. Monthly moves correlate at 0.09 with the steel index, because turbine prices are fixed at order and change slowly.

- **0.09** monthly change correlation
- **-0.08** 12-month change correlation
- **0.26** fitted elasticity

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