Commodity ratio · live
Hot-Rolled Coil Steel to Gas Oil Ratio
The hot-rolled coil steel to gas oil ratio is 0.9457 — Hot-Rolled Coil Steel at $1,196.04 per Metric Ton divided by Gas Oil at $1,264.70 per 100 Tonnes.
Prices as of Aug 24, 2026, 12:24 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Hot-Rolled Coil Steel to Gas Oil ratio
1.000 T of hot-rolled coil steel = 0.9457 100 T of gas oil
Inverse (LGO/HRC-STEEL): 1.057 — one 100 Tonnes of gas oil buys that much hot-rolled coil steel.
Below its 1 year average. (15th percentile of the last 1 year)
Hot-Rolled Coil Steel
$1,196.04
per Metric Ton
Gas Oil
$1,264.70
per 100 Tonnes
Unit basis: USD per Metric Ton ÷ USD per 100 Tonnes. The ratio reads as 100 Tonness of gas oil per Metric Ton of hot-rolled coil steel. Prices as of Mon, 24 Aug 2026 12:24:45 GMT.
1Y average
1.173
median 1.175
1Y low
0.7456
Apr 2, 2026
1Y high
1.576
Jan 7, 2026
Normal band
0.9787–1.367
mean ± 1 std dev
Deviation from mean
-1.17σ
310 observations
Hot-Rolled Coil Steel to Gas Oil ratio charts
Pick a range once — it applies to the HRC-STEEL/LGO ratio line, the OHLC candles and the Hot-Rolled Coil Steel / Gas Oil price chart below.
HRC-STEEL/LGO ratio line
How many 100 T of Gas Oil one T of Hot-Rolled Coil Steel buys, over 1Y.
HRC-STEEL/LGO ratio candles
Open, high, low and close of the HRC-STEEL/LGO ratio for each period in the last 1Y.
Hot-Rolled Coil Steel and Gas Oil 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 gas oil ratio
Hot-Rolled Coil Steel to Gas Oil ratio = Hot-Rolled Coil Steel price per Metric Ton ÷ Gas Oil price per 100 Tonnes
The two legs use different units, so the result is a rate — 100 Tonness of gas oil per Metric Ton of hot-rolled coil steel — rather than a plain count.
Worked example, live prices: $1,196.04 ÷ $1,264.70 = 0.9457. The inverse is 1.057.
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 gas oil ratio today?
The hot-rolled coil steel to gas oil ratio is 0.9457 — Hot-Rolled Coil Steel at $1,196.04 per Metric Ton divided by Gas Oil at $1,264.70 per 100 Tonnes, from live mid-market prices.
How do you calculate the hot-rolled coil steel to gas oil ratio?
Divide the hot-rolled coil steel price per Metric Ton by the gas oil price per 100 Tonnes. If the two units differ, the result is a rate rather than a plain count — read it as 100 Tonness of gas oil per Metric Ton of hot-rolled coil steel.
What is the inverse of the hot-rolled coil steel to gas oil ratio?
The inverse, gas oil to hot-rolled coil steel, is 1.057 — how many Metric Tons of hot-rolled coil steel one 100 Tonnes of gas oil buys.