Commodity ratio · live
Hot-Rolled Coil Steel to Butter Ratio
The hot-rolled coil steel to butter ratio is 0.2750 — Hot-Rolled Coil Steel at $1,196.04 per Metric Ton divided by Butter at $4,350.00 per Metric Ton.
Prices as of Aug 24, 2026, 12:25 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Hot-Rolled Coil Steel to Butter ratio
1.000 T of hot-rolled coil steel = 0.2750 T of butter
Inverse (BUTTER/HRC-STEEL): 3.637 — one Metric Ton of butter buys that much hot-rolled coil steel.
Close to the middle of its 1 year range. (69th percentile of the last 1 year)
Hot-Rolled Coil Steel
$1,196.04
per Metric Ton
Butter
€4,350.00
per Metric Ton
Unit basis: USD per Metric Ton ÷ EUR per Metric Ton. The ratio reads as Metric Tons of butter per Metric Ton of hot-rolled coil steel. Prices as of Mon, 24 Aug 2026 12:25:39 GMT.
These two commodities are quoted in different currencies (USD and EUR). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
0.2304
median 0.2264
1Y low
0.1120
Aug 24, 2025
1Y high
0.3106
Jun 29, 2026
Normal band
0.1740–0.2867
mean ± 1 std dev
Deviation from mean
+0.79σ
354 observations
Hot-Rolled Coil Steel to Butter ratio charts
Pick a range once — it applies to the HRC-STEEL/BUTTER ratio line, the OHLC candles and the Hot-Rolled Coil Steel / Butter price chart below.
HRC-STEEL/BUTTER ratio line
How many T of Butter one T of Hot-Rolled Coil Steel buys, over 1Y.
HRC-STEEL/BUTTER ratio candles
Open, high, low and close of the HRC-STEEL/BUTTER ratio for each period in the last 1Y.
Hot-Rolled Coil Steel and Butter 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 butter ratio
Hot-Rolled Coil Steel to Butter ratio = Hot-Rolled Coil Steel price per Metric Ton ÷ Butter price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of butter per Metric Ton of hot-rolled coil steel — rather than a plain count.
Worked example, live prices: $1,196.04 ÷ $4,350.00 = 0.2750. The inverse is 3.637.
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 hot-rolled coil steel to butter ratio today?
The hot-rolled coil steel to butter ratio is 0.2750 — Hot-Rolled Coil Steel at $1,196.04 per Metric Ton divided by Butter at $4,350.00 per Metric Ton, from live mid-market prices.
How do you calculate the hot-rolled coil steel to butter ratio?
Divide the hot-rolled coil steel price per Metric Ton by the butter 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 butter per Metric Ton of hot-rolled coil steel.
What is the inverse of the hot-rolled coil steel to butter ratio?
The inverse, butter to hot-rolled coil steel, is 3.637 — how many Metric Tons of hot-rolled coil steel one Metric Ton of butter buys.