Commodity ratio · live
Hot-Rolled Coil Steel to Lumber Futures Ratio
The hot-rolled coil steel to lumber futures ratio is 2.085 — Hot-Rolled Coil Steel at $1,197.06 per Metric Ton divided by Lumber Futures at $574.00 per Thousand Board Feet.
Prices as of Aug 24, 2026, 10:36 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Hot-Rolled Coil Steel to Lumber Futures ratio
1.000 T of hot-rolled coil steel = 2.085 Mbf of lumber futures
Inverse (LB-FUT/HRC-STEEL): 0.4795 — one Thousand Board Feet of lumber futures buys that much hot-rolled coil steel.
Near the top of its 1 year range — historically stretched. (97th percentile of the last 1 year)
Hot-Rolled Coil Steel
$1,197.06
per Metric Ton
Lumber Futures
$574.00
per Thousand Board Feet
Unit basis: USD per Metric Ton ÷ USD per Thousand Board Feet. The ratio reads as Thousand Board Feets of lumber futures per Metric Ton of hot-rolled coil steel. Prices as of Mon, 24 Aug 2026 10:36:11 GMT.
1Y average
1.738
median 1.764
1Y low
1.254
Oct 5, 2025
1Y high
2.179
Aug 13, 2026
Normal band
1.526–1.950
mean ± 1 std dev
Deviation from mean
+1.64σ
338 observations
Hot-Rolled Coil Steel to Lumber Futures ratio charts
Pick a range once — it applies to the HRC-STEEL/LB-FUT ratio line, the OHLC candles and the Hot-Rolled Coil Steel / Lumber Futures price chart below.
HRC-STEEL/LB-FUT ratio line
How many Mbf of Lumber Futures one T of Hot-Rolled Coil Steel buys, over 1Y.
HRC-STEEL/LB-FUT ratio candles
Open, high, low and close of the HRC-STEEL/LB-FUT ratio for each period in the last 1Y.
Hot-Rolled Coil Steel and Lumber Futures 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 lumber futures ratio
Hot-Rolled Coil Steel to Lumber Futures ratio = Hot-Rolled Coil Steel price per Metric Ton ÷ Lumber Futures price per Thousand Board Feet
The two legs use different units, so the result is a rate — Thousand Board Feets of lumber futures per Metric Ton of hot-rolled coil steel — rather than a plain count.
Worked example, live prices: $1,197.06 ÷ $574.00 = 2.085. The inverse is 0.4795.
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 lumber futures ratio today?
The hot-rolled coil steel to lumber futures ratio is 2.085 — Hot-Rolled Coil Steel at $1,197.06 per Metric Ton divided by Lumber Futures at $574.00 per Thousand Board Feet, from live mid-market prices.
How do you calculate the hot-rolled coil steel to lumber futures ratio?
Divide the hot-rolled coil steel price per Metric Ton by the lumber futures price per Thousand Board Feet. If the two units differ, the result is a rate rather than a plain count — read it as Thousand Board Feets of lumber futures per Metric Ton of hot-rolled coil steel.
What is the inverse of the hot-rolled coil steel to lumber futures ratio?
The inverse, lumber futures to hot-rolled coil steel, is 0.4795 — how many Metric Tons of hot-rolled coil steel one Thousand Board Feet of lumber futures buys.