Commodity ratio · live
Hot-Rolled Coil Steel to Milk Ratio
The hot-rolled coil steel to milk ratio is 71.98 — Hot-Rolled Coil Steel at $1,197.06 per Metric Ton divided by Milk at $16.63 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 Milk ratio
1.000 T of hot-rolled coil steel = 71.982 Cwt of milk
Inverse (MILK/HRC-STEEL): 0.01389 — one Hundredweight of milk buys that much hot-rolled coil steel.
Above its 1 year average. (79th percentile of the last 1 year)
Hot-Rolled Coil Steel
$1,197.06
per Metric Ton
Milk
$16.63
per Hundredweight
Unit basis: USD per Metric Ton ÷ USD per Hundredweight. The ratio reads as Hundredweights of milk per Metric Ton of hot-rolled coil steel. Prices as of Mon, 24 Aug 2026 10:35:52 GMT.
1Y average
62.08
median 64.37
1Y low
43.36
Aug 31, 2025
1Y high
76.98
Jul 29, 2026
Normal band
52.30–71.86
mean ± 1 std dev
Deviation from mean
+1.01σ
354 observations
Hot-Rolled Coil Steel to Milk ratio charts
Pick a range once — it applies to the HRC-STEEL/MILK ratio line, the OHLC candles and the Hot-Rolled Coil Steel / Milk price chart below.
HRC-STEEL/MILK ratio line
How many Cwt of Milk one T of Hot-Rolled Coil Steel buys, over 1Y.
HRC-STEEL/MILK ratio candles
Open, high, low and close of the HRC-STEEL/MILK ratio for each period in the last 1Y.
Hot-Rolled Coil Steel and Milk 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 milk ratio
Hot-Rolled Coil Steel to Milk ratio = Hot-Rolled Coil Steel price per Metric Ton ÷ Milk price per Hundredweight
The two legs use different units, so the result is a rate — Hundredweights of milk per Metric Ton of hot-rolled coil steel — rather than a plain count.
Worked example, live prices: $1,197.06 ÷ $16.63 = 71.98. The inverse is 0.01389.
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 milk ratio today?
The hot-rolled coil steel to milk ratio is 71.98 — Hot-Rolled Coil Steel at $1,197.06 per Metric Ton divided by Milk at $16.63 per Hundredweight, from live mid-market prices.
How do you calculate the hot-rolled coil steel to milk ratio?
Divide the hot-rolled coil steel price per Metric Ton by the milk price per Hundredweight. If the two units differ, the result is a rate rather than a plain count — read it as Hundredweights of milk per Metric Ton of hot-rolled coil steel.
What is the inverse of the hot-rolled coil steel to milk ratio?
The inverse, milk to hot-rolled coil steel, is 0.01389 — how many Metric Tons of hot-rolled coil steel one Hundredweight of milk buys.