Commodity ratio · live
Ethanol to Hot-Rolled Coil Steel Ratio
The ethanol to hot-rolled coil steel ratio is 0.001773 — Ethanol at $2.12 per Gallon divided by Hot-Rolled Coil Steel at $1,196.04 per Metric Ton.
Prices as of Aug 24, 2026, 12:24 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Ethanol to Hot-Rolled Coil Steel ratio
1.000 Gal of ethanol = 0.001773 T of hot-rolled coil steel
Inverse (HRC-STEEL/ETHANOL): 564.2 — one Metric Ton of hot-rolled coil steel buys that much ethanol.
Close to the middle of its 1 year range. (56th percentile of the last 1 year)
Ethanol
$2.12
per Gallon
Hot-Rolled Coil Steel
$1,196.04
per Metric Ton
Unit basis: USD per Gallon ÷ USD per Metric Ton. The ratio reads as Metric Tons of hot-rolled coil steel per Gallon of ethanol. Prices as of Mon, 24 Aug 2026 12:24:00 GMT.
1Y average
0.001837
median 0.001755
1Y low
0.001517
Jun 24, 2026
1Y high
0.002625
Aug 31, 2025
Normal band
0.001596–0.002078
mean ± 1 std dev
Deviation from mean
-0.27σ
354 observations
Ethanol to Hot-Rolled Coil Steel ratio charts
Pick a range once — it applies to the ETHANOL/HRC-STEEL ratio line, the OHLC candles and the Ethanol / Hot-Rolled Coil Steel price chart below.
ETHANOL/HRC-STEEL ratio line
How many T of Hot-Rolled Coil Steel one Gal of Ethanol buys, over 1Y.
ETHANOL/HRC-STEEL ratio candles
Open, high, low and close of the ETHANOL/HRC-STEEL ratio for each period in the last 1Y.
Ethanol 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 ethanol to hot-rolled coil steel ratio
Ethanol to Hot-Rolled Coil Steel ratio = Ethanol price per Gallon ÷ 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 Gallon of ethanol — rather than a plain count.
Worked example, live prices: $2.12 ÷ $1,196.04 = 0.001773. The inverse is 564.2.
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 ethanol to hot-rolled coil steel ratio today?
The ethanol to hot-rolled coil steel ratio is 0.001773 — Ethanol at $2.12 per Gallon divided by Hot-Rolled Coil Steel at $1,196.04 per Metric Ton, from live mid-market prices.
How do you calculate the ethanol to hot-rolled coil steel ratio?
Divide the ethanol price per Gallon 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 Gallon of ethanol.
What is the inverse of the ethanol to hot-rolled coil steel ratio?
The inverse, hot-rolled coil steel to ethanol, is 564.2 — how many Gallons of ethanol one Metric Ton of hot-rolled coil steel buys.