Commodity ratio · live
Iron Ore to Natural Gas, Europe Ratio
The iron ore to natural gas, europe ratio is 6.283 — Iron Ore at $101.60 per Metric Ton divided by Natural Gas, Europe at $16.17 per Million British Thermal Units.
Prices as of Aug 24, 2026, 10:32 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Iron Ore to Natural Gas, Europe ratio
1.000 T of iron ore = 6.283 MMBtu of natural gas, europe
Inverse (NG-EU/IORECR): 0.1592 — one Million British Thermal Units of natural gas, europe buys that much iron ore.
Iron Ore
$101.60
per Metric Ton
Natural Gas, Europe
$16.17
per Million British Thermal Units
Unit basis: USD per Metric Ton ÷ USD per Million British Thermal Units. The ratio reads as Million British Thermal Unitss of natural gas, europe per Metric Ton of iron ore. Prices as of Mon, 24 Aug 2026 10:32:30 GMT.
Iron Ore to Natural Gas, Europe ratio charts
Pick a range once — it applies to the IORECR/NG-EU ratio line, the OHLC candles and the Iron Ore / Natural Gas, Europe price chart below.
IORECR/NG-EU ratio line
How many MMBtu of Natural Gas, Europe one T of Iron Ore buys, over 1Y.
No overlapping history for IORECR/NG-EU over 1Y. Try a longer range.
IORECR/NG-EU ratio candles
Open, high, low and close of the IORECR/NG-EU ratio for each period in the last 1Y.
No overlapping history for IORECR/NG-EU over 1Y. Try a longer range.
Iron Ore and Natural Gas, Europe prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the iron ore to natural gas, europe ratio
Iron Ore to Natural Gas, Europe ratio = Iron Ore price per Metric Ton ÷ Natural Gas, Europe price per Million British Thermal Units
The two legs use different units, so the result is a rate — Million British Thermal Unitss of natural gas, europe per Metric Ton of iron ore — rather than a plain count.
Worked example, live prices: $101.60 ÷ $16.17 = 6.283. The inverse is 0.1592.
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 iron ore to natural gas, europe ratio today?
The iron ore to natural gas, europe ratio is 6.283 — Iron Ore at $101.60 per Metric Ton divided by Natural Gas, Europe at $16.17 per Million British Thermal Units, from live mid-market prices.
How do you calculate the iron ore to natural gas, europe ratio?
Divide the iron ore price per Metric Ton by the natural gas, europe price per Million British Thermal Units. If the two units differ, the result is a rate rather than a plain count — read it as Million British Thermal Unitss of natural gas, europe per Metric Ton of iron ore.
What is the inverse of the iron ore to natural gas, europe ratio?
The inverse, natural gas, europe to iron ore, is 0.1592 — how many Metric Tons of iron ore one Million British Thermal Units of natural gas, europe buys.