Commodity ratio · live
Bitumen to Hot-Rolled Coil Steel Ratio
The bitumen to hot-rolled coil steel ratio is 3.796 — Bitumen at $4,544.00 per Metric Ton divided by Hot-Rolled Coil Steel at $1,197.06 per Metric Ton.
Prices as of Aug 24, 2026, 10:33 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Bitumen to Hot-Rolled Coil Steel ratio
1.000 T of bitumen = 3.796 T of hot-rolled coil steel
Inverse (HRC-STEEL/BIT): 0.2634 — one Metric Ton of hot-rolled coil steel buys that much bitumen.
Close to the middle of its 1 year range. (65th percentile of the last 1 year)
Bitumen
¥4,544.00
per Metric Ton
Hot-Rolled Coil Steel
$1,197.06
per Metric Ton
Unit basis: CNY per Metric Ton ÷ USD per Metric Ton. The ratio reads as Metric Tons of hot-rolled coil steel per Metric Ton of bitumen. Prices as of Mon, 24 Aug 2026 10:33:37 GMT.
These two commodities are quoted in different currencies (CNY and USD). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
3.678
median 3.580
1Y low
3.148
Dec 16, 2025
1Y high
4.595
Aug 24, 2025
Normal band
3.339–4.018
mean ± 1 std dev
Deviation from mean
+0.35σ
312 observations
Bitumen to Hot-Rolled Coil Steel ratio charts
Pick a range once — it applies to the BIT/HRC-STEEL ratio line, the OHLC candles and the Bitumen / Hot-Rolled Coil Steel price chart below.
BIT/HRC-STEEL ratio line
How many T of Hot-Rolled Coil Steel one T of Bitumen buys, over 1Y.
BIT/HRC-STEEL ratio candles
Open, high, low and close of the BIT/HRC-STEEL ratio for each period in the last 1Y.
Bitumen 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 bitumen to hot-rolled coil steel ratio
Bitumen to Hot-Rolled Coil Steel ratio = Bitumen price per Metric Ton ÷ 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 Metric Ton of bitumen — rather than a plain count.
Worked example, live prices: $4,544.00 ÷ $1,197.06 = 3.796. The inverse is 0.2634.
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 bitumen to hot-rolled coil steel ratio today?
The bitumen to hot-rolled coil steel ratio is 3.796 — Bitumen at $4,544.00 per Metric Ton divided by Hot-Rolled Coil Steel at $1,197.06 per Metric Ton, from live mid-market prices.
How do you calculate the bitumen to hot-rolled coil steel ratio?
Divide the bitumen price per Metric Ton 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 Metric Ton of bitumen.
What is the inverse of the bitumen to hot-rolled coil steel ratio?
The inverse, hot-rolled coil steel to bitumen, is 0.2634 — how many Metric Tons of bitumen one Metric Ton of hot-rolled coil steel buys.