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Hot-Rolled Coil Steel to Crude Oil WTI Futures Ratio

The hot-rolled coil steel to crude oil wti futures ratio is 13.97 Hot-Rolled Coil Steel at $1,197.06 per Metric Ton divided by Crude Oil WTI Futures at $85.69 per Barrel.

Prices as of Aug 24, 2026, 10:38 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Metric Ton

Hot-Rolled Coil Steel to Crude Oil WTI Futures ratio

13.97+12.36% / 1Y

1.000 T of hot-rolled coil steel = 13.970 Bbl of crude oil wti futures

Inverse (WTIOIL-FUT/HRC-STEEL): 0.07158 — one Barrel of crude oil wti futures buys that much hot-rolled coil steel.

Close to the middle of its 1 year range. (54th percentile of the last 1 year)

Hot-Rolled Coil Steel

$1,197.06

per Metric Ton

Crude Oil WTI Futures

$85.69

per Barrel

Unit basis: USD per Metric Ton ÷ USD per Barrel. The ratio reads as Barrels of crude oil wti futures per Metric Ton of hot-rolled coil steel. Prices as of Mon, 24 Aug 2026 10:38:27 GMT.

1Y average

13.54

median 13.70

1Y low

9.309

Apr 5, 2026

1Y high

16.84

Jan 7, 2026

Normal band

11.75–15.34

mean ± 1 std dev

Deviation from mean

+0.24σ

296 observations

Hot-Rolled Coil Steel to Crude Oil WTI Futures ratio charts

Pick a range once — it applies to the HRC-STEEL/WTIOIL-FUT ratio line, the OHLC candles and the Hot-Rolled Coil Steel / Crude Oil WTI Futures price chart below.

HRC-STEEL/WTIOIL-FUT ratio line

How many Bbl of Crude Oil WTI Futures one T of Hot-Rolled Coil Steel buys, over 1Y.

HRC-STEEL/WTIOIL-FUT ratio candles

Open, high, low and close of the HRC-STEEL/WTIOIL-FUT ratio for each period in the last 1Y.

Hot-Rolled Coil Steel and Crude Oil WTI 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 crude oil wti futures ratio

Hot-Rolled Coil Steel to Crude Oil WTI Futures ratio = Hot-Rolled Coil Steel price per Metric Ton ÷ Crude Oil WTI Futures price per Barrel

The two legs use different units, so the result is a rate — Barrels of crude oil wti futures per Metric Ton of hot-rolled coil steel — rather than a plain count.

Worked example, live prices: $1,197.06 ÷ $85.69 = 13.97. The inverse is 0.07158.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4647.62
2XAGSilver69.00
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.75
5NG-FUTNatural Gas Futures2.77
6PLPlatinum1885.63
7PAPalladium1351.00

Frequently asked questions

What is the hot-rolled coil steel to crude oil wti futures ratio today?

The hot-rolled coil steel to crude oil wti futures ratio is 13.97 — Hot-Rolled Coil Steel at $1,197.06 per Metric Ton divided by Crude Oil WTI Futures at $85.69 per Barrel, from live mid-market prices.

How do you calculate the hot-rolled coil steel to crude oil wti futures ratio?

Divide the hot-rolled coil steel price per Metric Ton by the crude oil wti futures price per Barrel. If the two units differ, the result is a rate rather than a plain count — read it as Barrels of crude oil wti futures per Metric Ton of hot-rolled coil steel.

What is the inverse of the hot-rolled coil steel to crude oil wti futures ratio?

The inverse, crude oil wti futures to hot-rolled coil steel, is 0.07158 — how many Metric Tons of hot-rolled coil steel one Barrel of crude oil wti futures buys.

Hot-Rolled Coil Steel to Crude Oil WTI Futures Ratio — 13.97 Today | CommodityPriceAPI