Basic numbers of industrial civilisation that I wish I was taught in school instead of having to figure out myself in adulthood. The point is not to memorise the numbers, it is to get an overall picture that is quantitative and to be able to do these calculations on-the-fly. I'm sure this gets taught in college as energy economics or something, just disappointed I was not taught.
Train operating cost : $0.10 / metric tonne / km, 100-1000 km
Trains are typically run using diesel (see petroleum refinery stats below)
Cost of transporting coal is the primary cost for cost of coal
(I need to double-check this with someone. Main doubt I have is that electricity tranmission loss is 7% / 1000 km whereas calorific value loss for coal transport by train is atleast 30% / 1000 km. Why is it assumed cheaper to transport coal than transport electricity? Typically coal power plants are built closer to electricity demand centres and far from coal mines.)
Steel plant
Steel cost : $1000 / metric tonne
Steel plant construction cost : $700 / (metric tonne / year), 40 year lifespan => $17.50 / metric tonne