Commodity ratio · live
Cobalt to Iron Ore 62% FE Ratio
The cobalt to iron ore 62% fe ratio is 590.8 — Cobalt at $56,290.00 per Metric Ton divided by Iron Ore 62% FE at $95.28 per Metric Ton.
Prices as of Aug 24, 2026, 12:12 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Cobalt to Iron Ore 62% FE ratio
1.000 T of cobalt = 590.785 T of iron ore 62% fe
Inverse (TIOC/COB): 0.001693 — one Metric Ton of iron ore 62% fe buys that much cobalt.
Near the top of its 1 year range — historically stretched. (95th percentile of the last 1 year)
Cobalt
$56,290.00
per Metric Ton
Iron Ore 62% FE
$95.28
per Metric Ton
Unit basis: USD per Metric Ton ÷ USD per Metric Ton. The ratio reads as Metric Tons of iron ore 62% fe per Metric Ton of cobalt. Prices as of Mon, 24 Aug 2026 12:12:46 GMT.
1Y average
498.1
median 522.8
1Y low
314.2
Sep 9, 2025
1Y high
601.0
Aug 4, 2026
Normal band
423.2–573.1
mean ± 1 std dev
Deviation from mean
+1.24σ
203 observations
Cobalt to Iron Ore 62% FE ratio charts
Pick a range once — it applies to the COB/TIOC ratio line, the OHLC candles and the Cobalt / Iron Ore 62% FE price chart below.
COB/TIOC ratio line
How many T of Iron Ore 62% FE one T of Cobalt buys, over 1Y.
COB/TIOC ratio candles
Open, high, low and close of the COB/TIOC ratio for each period in the last 1Y.
Cobalt and Iron Ore 62% FE prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the cobalt to iron ore 62% fe ratio
Cobalt to Iron Ore 62% FE ratio = Cobalt price per Metric Ton ÷ Iron Ore 62% FE price per Metric Ton
Both legs share the same unit, so the result is a plain unitless number, directly comparable across time.
Worked example, live prices: $56,290.00 ÷ $95.28 = 590.8. The inverse is 0.001693.
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 | 4655.18 |
| 2 | XAG | Silver | 69.27 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.99 |
| 5 | NG-FUT | Natural Gas Futures | 2.81 |
| 6 | PL | Platinum | 1887.51 |
| 7 | PA | Palladium | 1353.70 |
Frequently asked questions
What is the cobalt to iron ore 62% fe ratio today?
The cobalt to iron ore 62% fe ratio is 590.8 — Cobalt at $56,290.00 per Metric Ton divided by Iron Ore 62% FE at $95.28 per Metric Ton, from live mid-market prices.
How do you calculate the cobalt to iron ore 62% fe ratio?
Divide the cobalt price per Metric Ton by the iron ore 62% fe 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 iron ore 62% fe per Metric Ton of cobalt.
What is the inverse of the cobalt to iron ore 62% fe ratio?
The inverse, iron ore 62% fe to cobalt, is 0.001693 — how many Metric Tons of cobalt one Metric Ton of iron ore 62% fe buys.