Commodity ratio · live
Hot-Rolled Coil Steel to Urea Ratio
The hot-rolled coil steel to urea ratio is 2.924 — Hot-Rolled Coil Steel at $1,196.04 per Metric Ton divided by Urea at $409.00 per Metric Ton.
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 Urea ratio
1.000 T of hot-rolled coil steel = 2.924 T of urea
Inverse (UREA/HRC-STEEL): 0.3420 — one Metric Ton of urea buys that much hot-rolled coil steel.
Above its 1 year average. (86th percentile of the last 1 year)
Hot-Rolled Coil Steel
$1,196.04
per Metric Ton
Urea
$409.00
per Metric Ton
Unit basis: USD per Metric Ton ÷ USD per Metric Ton. The ratio reads as Metric Tons of urea per Metric Ton of hot-rolled coil steel. Prices as of Mon, 24 Aug 2026 12:24:42 GMT.
1Y average
2.297
median 2.207
1Y low
1.501
Apr 15, 2026
1Y high
3.358
Jun 22, 2026
Normal band
1.824–2.769
mean ± 1 std dev
Deviation from mean
+1.33σ
353 observations
Hot-Rolled Coil Steel to Urea ratio charts
Pick a range once — it applies to the HRC-STEEL/UREA ratio line, the OHLC candles and the Hot-Rolled Coil Steel / Urea price chart below.
HRC-STEEL/UREA ratio line
How many T of Urea one T of Hot-Rolled Coil Steel buys, over 1Y.
HRC-STEEL/UREA ratio candles
Open, high, low and close of the HRC-STEEL/UREA ratio for each period in the last 1Y.
Hot-Rolled Coil Steel and Urea 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 urea ratio
Hot-Rolled Coil Steel to Urea ratio = Hot-Rolled Coil Steel price per Metric Ton ÷ Urea price per Metric Ton
Both legs share the same unit, so the result is a plain unitless number, directly comparable across time.
Worked example, live prices: $1,196.04 ÷ $409.00 = 2.924. The inverse is 0.3420.
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 urea ratio today?
The hot-rolled coil steel to urea ratio is 2.924 — Hot-Rolled Coil Steel at $1,196.04 per Metric Ton divided by Urea at $409.00 per Metric Ton, from live mid-market prices.
How do you calculate the hot-rolled coil steel to urea ratio?
Divide the hot-rolled coil steel price per Metric Ton by the urea 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 urea per Metric Ton of hot-rolled coil steel.
What is the inverse of the hot-rolled coil steel to urea ratio?
The inverse, urea to hot-rolled coil steel, is 0.3420 — how many Metric Tons of hot-rolled coil steel one Metric Ton of urea buys.