Commodity ratio · live
Gas Oil to Hot-Rolled Coil Steel Ratio
The gas oil to hot-rolled coil steel ratio is 1.057 — Gas Oil at $1,264.70 per 100 Tonnes divided by Hot-Rolled Coil Steel at $1,196.04 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.
Gas Oil to Hot-Rolled Coil Steel ratio
1.000 100 T of gas oil = 1.057 T of hot-rolled coil steel
Inverse (HRC-STEEL/LGO): 0.9457 — one Metric Ton of hot-rolled coil steel buys that much gas oil.
Above its 1 year average. (85th percentile of the last 1 year)
Gas Oil
$1,264.70
per 100 Tonnes
Hot-Rolled Coil Steel
$1,196.04
per Metric Ton
Unit basis: USD per 100 Tonnes ÷ USD per Metric Ton. The ratio reads as Metric Tons of hot-rolled coil steel per 100 Tonnes of gas oil. Prices as of Mon, 24 Aug 2026 12:24:45 GMT.
1Y average
0.8772
median 0.8513
1Y low
0.6345
Jan 7, 2026
1Y high
1.341
Apr 2, 2026
Normal band
0.7255–1.029
mean ± 1 std dev
Deviation from mean
+1.19σ
310 observations
Gas Oil to Hot-Rolled Coil Steel ratio charts
Pick a range once — it applies to the LGO/HRC-STEEL ratio line, the OHLC candles and the Gas Oil / Hot-Rolled Coil Steel price chart below.
LGO/HRC-STEEL ratio line
How many T of Hot-Rolled Coil Steel one 100 T of Gas Oil buys, over 1Y.
LGO/HRC-STEEL ratio candles
Open, high, low and close of the LGO/HRC-STEEL ratio for each period in the last 1Y.
Gas Oil and Hot-Rolled Coil Steel prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the gas oil to hot-rolled coil steel ratio
Gas Oil to Hot-Rolled Coil Steel ratio = Gas Oil price per 100 Tonnes ÷ Hot-Rolled Coil Steel price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of hot-rolled coil steel per 100 Tonnes of gas oil — rather than a plain count.
Worked example, live prices: $1,264.70 ÷ $1,196.04 = 1.057. The inverse is 0.9457.
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 gas oil to hot-rolled coil steel ratio today?
The gas oil to hot-rolled coil steel ratio is 1.057 — Gas Oil at $1,264.70 per 100 Tonnes divided by Hot-Rolled Coil Steel at $1,196.04 per Metric Ton, from live mid-market prices.
How do you calculate the gas oil to hot-rolled coil steel ratio?
Divide the gas oil price per 100 Tonnes by the hot-rolled coil steel 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 hot-rolled coil steel per 100 Tonnes of gas oil.
What is the inverse of the gas oil to hot-rolled coil steel ratio?
The inverse, hot-rolled coil steel to gas oil, is 0.9457 — how many 100 Tonness of gas oil one Metric Ton of hot-rolled coil steel buys.