Commodity ratio · live
Fish Meal to Steel Ratio
The fish meal to steel ratio is 0.6669 — Fish Meal at $2,044.75 per Metric Ton divided by Steel at $3,066.00 per Metric Ton.
Prices as of Aug 24, 2026, 10:30 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Fish Meal to Steel ratio
1.000 T of fish meal = 0.6669 T of steel
Inverse (STEEL/FM): 1.499 — one Metric Ton of steel buys that much fish meal.
Fish Meal
$2,044.75
per Metric Ton
Steel
¥3,066.00
per Metric Ton
Unit basis: USD per Metric Ton ÷ CNY per Metric Ton. The ratio reads as Metric Tons of steel per Metric Ton of fish meal. Prices as of Mon, 24 Aug 2026 10:30:40 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.
Fish Meal to Steel ratio charts
Pick a range once — it applies to the FM/STEEL ratio line, the OHLC candles and the Fish Meal / Steel price chart below.
FM/STEEL ratio line
How many T of Steel one T of Fish Meal buys, over 1Y.
No overlapping history for FM/STEEL over 1Y. Try a longer range.
FM/STEEL ratio candles
Open, high, low and close of the FM/STEEL ratio for each period in the last 1Y.
No overlapping history for FM/STEEL over 1Y. Try a longer range.
Fish Meal 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 fish meal to steel ratio
Fish Meal to Steel ratio = Fish Meal price per Metric Ton ÷ Steel price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of steel per Metric Ton of fish meal — rather than a plain count.
Worked example, live prices: $2,044.75 ÷ $3,066.00 = 0.6669. The inverse is 1.499.
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 fish meal to steel ratio today?
The fish meal to steel ratio is 0.6669 — Fish Meal at $2,044.75 per Metric Ton divided by Steel at $3,066.00 per Metric Ton, from live mid-market prices.
How do you calculate the fish meal to steel ratio?
Divide the fish meal price per Metric Ton 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 Metric Ton of fish meal.
What is the inverse of the fish meal to steel ratio?
The inverse, steel to fish meal, is 1.499 — how many Metric Tons of fish meal one Metric Ton of steel buys.