Commodity ratio · live
US Midgrade Gasoline to Steel Ratio
The us midgrade gasoline to steel ratio is 0.001517 — US Midgrade Gasoline at $4.65 per Gallon divided by Steel at $3,066.00 per Metric Ton.
Prices as of Aug 24, 2026, 11:34 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
US Midgrade Gasoline to Steel ratio
1.000 gal of us midgrade gasoline = 0.001517 T of steel
Inverse (STEEL/GASMID-US): 659.4 — one Metric Ton of steel buys that much us midgrade gasoline.
Close to the middle of its 1 year range. (55th percentile of the last 1 year)
US Midgrade Gasoline
$4.65
per Gallon
Steel
¥3,066.00
per Metric Ton
Unit basis: USD per Gallon ÷ CNY per Metric Ton. The ratio reads as Metric Tons of steel per Gallon of us midgrade gasoline. Prices as of Mon, 24 Aug 2026 11:34:19 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
0.001498
median 0.001497
1Y low
0.001428
Jul 6, 2026
1Y high
0.001568
Aug 3, 2026
Normal band
0.001458–0.001539
mean ± 1 std dev
Deviation from mean
+0.46σ
11 observations
US Midgrade Gasoline to Steel ratio charts
Pick a range once — it applies to the GASMID-US/STEEL ratio line, the OHLC candles and the US Midgrade Gasoline / Steel price chart below.
GASMID-US/STEEL ratio line
How many T of Steel one gal of US Midgrade Gasoline buys, over 1Y.
GASMID-US/STEEL ratio candles
Open, high, low and close of the GASMID-US/STEEL ratio for each period in the last 1Y.
US Midgrade Gasoline 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 us midgrade gasoline to steel ratio
US Midgrade Gasoline to Steel ratio = US Midgrade Gasoline price per Gallon ÷ Steel price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of steel per Gallon of us midgrade gasoline — rather than a plain count.
Worked example, live prices: $4.65 ÷ $3,066.00 = 0.001517. The inverse is 659.4.
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 | 4640.70 |
| 2 | XAG | Silver | 68.90 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.88 |
| 5 | NG-FUT | Natural Gas Futures | 2.78 |
| 6 | PL | Platinum | 1883.84 |
| 7 | PA | Palladium | 1350.90 |
Frequently asked questions
What is the us midgrade gasoline to steel ratio today?
The us midgrade gasoline to steel ratio is 0.001517 — US Midgrade Gasoline at $4.65 per Gallon divided by Steel at $3,066.00 per Metric Ton, from live mid-market prices.
How do you calculate the us midgrade gasoline to steel ratio?
Divide the us midgrade gasoline price per Gallon 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 Gallon of us midgrade gasoline.
What is the inverse of the us midgrade gasoline to steel ratio?
The inverse, steel to us midgrade gasoline, is 659.4 — how many Gallons of us midgrade gasoline one Metric Ton of steel buys.