Commodity ratio · live
Hot-Rolled Coil Steel to Palladium Ratio
The hot-rolled coil steel to palladium ratio is 0.8831 — Hot-Rolled Coil Steel at $1,196.04 per Metric Ton divided by Palladium at $1,354.30 per Troy Ounce.
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 Palladium ratio
1.000 T of hot-rolled coil steel = 0.8831 T.oz of palladium
Inverse (PA/HRC-STEEL): 1.132 — one Troy Ounce of palladium buys that much hot-rolled coil steel.
Above its 1 year average. (79th percentile of the last 1 year)
Hot-Rolled Coil Steel
$1,196.04
per Metric Ton
Palladium
$1,354.30
per Troy Ounce
Unit basis: USD per Metric Ton ÷ USD per Troy Ounce. The ratio reads as Troy Ounces of palladium per Metric Ton of hot-rolled coil steel. Prices as of Mon, 24 Aug 2026 12:24:40 GMT.
1Y average
0.7072
median 0.6836
1Y low
0.4446
Jan 26, 2026
1Y high
1.049
Jun 24, 2026
Normal band
0.5594–0.8550
mean ± 1 std dev
Deviation from mean
+1.19σ
311 observations
Hot-Rolled Coil Steel to Palladium ratio charts
Pick a range once — it applies to the HRC-STEEL/PA ratio line, the OHLC candles and the Hot-Rolled Coil Steel / Palladium price chart below.
HRC-STEEL/PA ratio line
How many T.oz of Palladium one T of Hot-Rolled Coil Steel buys, over 1Y.
HRC-STEEL/PA ratio candles
Open, high, low and close of the HRC-STEEL/PA ratio for each period in the last 1Y.
Hot-Rolled Coil Steel and Palladium 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 palladium ratio
Hot-Rolled Coil Steel to Palladium ratio = Hot-Rolled Coil Steel price per Metric Ton ÷ Palladium price per Troy Ounce
The two legs use different units, so the result is a rate — Troy Ounces of palladium per Metric Ton of hot-rolled coil steel — rather than a plain count.
Worked example, live prices: $1,196.04 ÷ $1,354.30 = 0.8831. The inverse is 1.132.
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 palladium ratio today?
The hot-rolled coil steel to palladium ratio is 0.8831 — Hot-Rolled Coil Steel at $1,196.04 per Metric Ton divided by Palladium at $1,354.30 per Troy Ounce, from live mid-market prices.
How do you calculate the hot-rolled coil steel to palladium ratio?
Divide the hot-rolled coil steel price per Metric Ton by the palladium price per Troy Ounce. If the two units differ, the result is a rate rather than a plain count — read it as Troy Ounces of palladium per Metric Ton of hot-rolled coil steel.
What is the inverse of the hot-rolled coil steel to palladium ratio?
The inverse, palladium to hot-rolled coil steel, is 1.132 — how many Metric Tons of hot-rolled coil steel one Troy Ounce of palladium buys.