Commodity ratio · live
Hot-Rolled Coil Steel to Boxed Beef Cutout, Choice Ratio
The hot-rolled coil steel to boxed beef cutout, choice ratio is 3.060 — Hot-Rolled Coil Steel at $1,197.06 per Metric Ton divided by Boxed Beef Cutout, Choice at $391.15 per Hundredweight.
Prices as of Aug 24, 2026, 10:35 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Hot-Rolled Coil Steel to Boxed Beef Cutout, Choice ratio
1.000 T of hot-rolled coil steel = 3.060 cwt of boxed beef cutout, choice
Inverse (BEEF-CHOICE/HRC-STEEL): 0.3268 — one Hundredweight of boxed beef cutout, choice buys that much hot-rolled coil steel.
Below its 1 year average. (15th percentile of the last 1 year)
Hot-Rolled Coil Steel
$1,197.06
per Metric Ton
Boxed Beef Cutout, Choice
$391.15
per Hundredweight
Unit basis: USD per Metric Ton ÷ USD per Hundredweight. The ratio reads as Hundredweights of boxed beef cutout, choice per Metric Ton of hot-rolled coil steel. Prices as of Mon, 24 Aug 2026 10:35:18 GMT.
1Y average
3.197
median 3.246
1Y low
3.008
Aug 19, 2026
1Y high
3.296
Aug 7, 2026
Normal band
3.101–3.293
mean ± 1 std dev
Deviation from mean
-1.42σ
13 observations
Hot-Rolled Coil Steel to Boxed Beef Cutout, Choice ratio charts
Pick a range once — it applies to the HRC-STEEL/BEEF-CHOICE ratio line, the OHLC candles and the Hot-Rolled Coil Steel / Boxed Beef Cutout, Choice price chart below.
HRC-STEEL/BEEF-CHOICE ratio line
How many cwt of Boxed Beef Cutout, Choice one T of Hot-Rolled Coil Steel buys, over 1Y.
HRC-STEEL/BEEF-CHOICE ratio candles
Open, high, low and close of the HRC-STEEL/BEEF-CHOICE ratio for each period in the last 1Y.
Hot-Rolled Coil Steel and Boxed Beef Cutout, Choice prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the hot-rolled coil steel to boxed beef cutout, choice ratio
Hot-Rolled Coil Steel to Boxed Beef Cutout, Choice ratio = Hot-Rolled Coil Steel price per Metric Ton ÷ Boxed Beef Cutout, Choice price per Hundredweight
The two legs use different units, so the result is a rate — Hundredweights of boxed beef cutout, choice per Metric Ton of hot-rolled coil steel — rather than a plain count.
Worked example, live prices: $1,197.06 ÷ $391.15 = 3.060. The inverse is 0.3268.
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 hot-rolled coil steel to boxed beef cutout, choice ratio today?
The hot-rolled coil steel to boxed beef cutout, choice ratio is 3.060 — Hot-Rolled Coil Steel at $1,197.06 per Metric Ton divided by Boxed Beef Cutout, Choice at $391.15 per Hundredweight, from live mid-market prices.
How do you calculate the hot-rolled coil steel to boxed beef cutout, choice ratio?
Divide the hot-rolled coil steel price per Metric Ton by the boxed beef cutout, choice price per Hundredweight. If the two units differ, the result is a rate rather than a plain count — read it as Hundredweights of boxed beef cutout, choice per Metric Ton of hot-rolled coil steel.
What is the inverse of the hot-rolled coil steel to boxed beef cutout, choice ratio?
The inverse, boxed beef cutout, choice to hot-rolled coil steel, is 0.3268 — how many Metric Tons of hot-rolled coil steel one Hundredweight of boxed beef cutout, choice buys.