Commodity ratio · live
Beef to Steel Ratio
The beef to steel ratio is 0.1276 — Beef at $391.15 per Kilogram divided by Steel at $3,066.00 per Metric Ton.
Prices as of Aug 24, 2026, 10:27 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Beef to Steel ratio
1.000 kg of beef = 0.1276 T of steel
Inverse (STEEL/BEEF): 7.838 — one Metric Ton of steel buys that much beef.
Above its 1 year average. (77th percentile of the last 1 year)
Beef
$391.15
per Kilogram
Steel
¥3,066.00
per Metric Ton
Unit basis: USD per Kilogram ÷ CNY per Metric Ton. The ratio reads as Metric Tons of steel per Kilogram of beef. Prices as of Mon, 24 Aug 2026 10:27:34 GMT.
These two commodities are quoted in different currencies (USD and CNY). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
0.1250
median 0.1244
1Y low
0.1207
Aug 6, 2026
1Y high
0.1310
Aug 19, 2026
Normal band
0.1220–0.1279
mean ± 1 std dev
Deviation from mean
+0.89σ
13 observations
Beef to Steel ratio charts
Pick a range once — it applies to the BEEF/STEEL ratio line, the OHLC candles and the Beef / Steel price chart below.
BEEF/STEEL ratio line
How many T of Steel one kg of Beef buys, over 1Y.
BEEF/STEEL ratio candles
Open, high, low and close of the BEEF/STEEL ratio for each period in the last 1Y.
Beef and Steel prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the beef to steel ratio
Beef to Steel ratio = Beef price per Kilogram ÷ Steel price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of steel per Kilogram of beef — rather than a plain count.
Worked example, live prices: $391.15 ÷ $3,066.00 = 0.1276. The inverse is 7.838.
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 beef to steel ratio today?
The beef to steel ratio is 0.1276 — Beef at $391.15 per Kilogram divided by Steel at $3,066.00 per Metric Ton, from live mid-market prices.
How do you calculate the beef to steel ratio?
Divide the beef price per Kilogram by the 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 steel per Kilogram of beef.
What is the inverse of the beef to steel ratio?
The inverse, steel to beef, is 7.838 — how many Kilograms of beef one Metric Ton of steel buys.