Commodity ratio · live
Boxed Beef Cutout, Choice to Hot-Rolled Coil Steel Ratio
The boxed beef cutout, choice to hot-rolled coil steel ratio is 0.3268 — Boxed Beef Cutout, Choice at $391.15 per Hundredweight divided by Hot-Rolled Coil Steel at $1,197.06 per Metric Ton.
Prices as of Aug 24, 2026, 10:35 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Boxed Beef Cutout, Choice to Hot-Rolled Coil Steel ratio
1.000 cwt of boxed beef cutout, choice = 0.3268 T of hot-rolled coil steel
Inverse (HRC-STEEL/BEEF-CHOICE): 3.060 — one Metric Ton of hot-rolled coil steel buys that much boxed beef cutout, choice.
Above its 1 year average. (85th percentile of the last 1 year)
Boxed Beef Cutout, Choice
$391.15
per Hundredweight
Hot-Rolled Coil Steel
$1,197.06
per Metric Ton
Unit basis: USD per Hundredweight ÷ USD per Metric Ton. The ratio reads as Metric Tons of hot-rolled coil steel per Hundredweight of boxed beef cutout, choice. Prices as of Mon, 24 Aug 2026 10:35:18 GMT.
1Y average
0.3131
median 0.3081
1Y low
0.3034
Aug 7, 2026
1Y high
0.3325
Aug 19, 2026
Normal band
0.3034–0.3228
mean ± 1 std dev
Deviation from mean
+1.41σ
13 observations
Boxed Beef Cutout, Choice to Hot-Rolled Coil Steel ratio charts
Pick a range once — it applies to the BEEF-CHOICE/HRC-STEEL ratio line, the OHLC candles and the Boxed Beef Cutout, Choice / Hot-Rolled Coil Steel price chart below.
BEEF-CHOICE/HRC-STEEL ratio line
How many T of Hot-Rolled Coil Steel one cwt of Boxed Beef Cutout, Choice buys, over 1Y.
BEEF-CHOICE/HRC-STEEL ratio candles
Open, high, low and close of the BEEF-CHOICE/HRC-STEEL ratio for each period in the last 1Y.
Boxed Beef Cutout, Choice and Hot-Rolled Coil Steel prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the boxed beef cutout, choice to hot-rolled coil steel ratio
Boxed Beef Cutout, Choice to Hot-Rolled Coil Steel ratio = Boxed Beef Cutout, Choice price per Hundredweight ÷ Hot-Rolled Coil Steel price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of hot-rolled coil steel per Hundredweight of boxed beef cutout, choice — rather than a plain count.
Worked example, live prices: $391.15 ÷ $1,197.06 = 0.3268. The inverse is 3.060.
The flagship commodity ratios
Each of these has its own dedicated page with live pricing, a full year of history and range statistics.
Live prices behind the ratio
| # | Symbol | Name | Rate (USD) |
|---|---|---|---|
| 1 | XAU | Gold | 4647.62 |
| 2 | XAG | Silver | 69.00 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.75 |
| 5 | NG-FUT | Natural Gas Futures | 2.77 |
| 6 | PL | Platinum | 1885.63 |
| 7 | PA | Palladium | 1351.00 |
Frequently asked questions
What is the boxed beef cutout, choice to hot-rolled coil steel ratio today?
The boxed beef cutout, choice to hot-rolled coil steel ratio is 0.3268 — Boxed Beef Cutout, Choice at $391.15 per Hundredweight divided by Hot-Rolled Coil Steel at $1,197.06 per Metric Ton, from live mid-market prices.
How do you calculate the boxed beef cutout, choice to hot-rolled coil steel ratio?
Divide the boxed beef cutout, choice price per Hundredweight by the hot-rolled coil steel price per Metric Ton. If the two units differ, the result is a rate rather than a plain count — read it as Metric Tons of hot-rolled coil steel per Hundredweight of boxed beef cutout, choice.
What is the inverse of the boxed beef cutout, choice to hot-rolled coil steel ratio?
The inverse, hot-rolled coil steel to boxed beef cutout, choice, is 3.060 — how many Hundredweights of boxed beef cutout, choice one Metric Ton of hot-rolled coil steel buys.