Commodity ratio · live
Molybdenum to Steel Ratio
The molybdenum to steel ratio is 21.81 — Molybdenum at $66,881.54 per Metric Ton divided by Steel at $3,066.00 per Metric Ton.
Prices as of Aug 24, 2026, 11:34 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Molybdenum to Steel ratio
1.000 T of molybdenum = 21.814 T of steel
Inverse (STEEL/LMMODY): 0.04584 — one Metric Ton of steel buys that much molybdenum.
Molybdenum
$66,881.54
per Metric Ton
Steel
¥3,066.00
per Metric Ton
Unit basis: USD per Metric Ton ÷ CNY per Metric Ton. The ratio reads as Metric Tons of steel per Metric Ton of molybdenum. Prices as of Mon, 24 Aug 2026 11:34:31 GMT.
These two commodities are quoted in different currencies (USD and CNY). The figure above is a raw quote ratio and is not FX-adjusted.
Molybdenum to Steel ratio charts
Pick a range once — it applies to the LMMODY/STEEL ratio line, the OHLC candles and the Molybdenum / Steel price chart below.
LMMODY/STEEL ratio line
How many T of Steel one T of Molybdenum buys, over 1Y.
No overlapping history for LMMODY/STEEL over 1Y. Try a longer range.
LMMODY/STEEL ratio candles
Open, high, low and close of the LMMODY/STEEL ratio for each period in the last 1Y.
No overlapping history for LMMODY/STEEL over 1Y. Try a longer range.
Molybdenum and Steel prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the molybdenum to steel ratio
Molybdenum to Steel ratio = Molybdenum price per Metric Ton ÷ Steel price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of steel per Metric Ton of molybdenum — rather than a plain count.
Worked example, live prices: $66,881.54 ÷ $3,066.00 = 21.81. The inverse is 0.04584.
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 | 4640.70 |
| 2 | XAG | Silver | 68.90 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.88 |
| 5 | NG-FUT | Natural Gas Futures | 2.78 |
| 6 | PL | Platinum | 1883.84 |
| 7 | PA | Palladium | 1350.90 |
Frequently asked questions
What is the molybdenum to steel ratio today?
The molybdenum to steel ratio is 21.81 — Molybdenum at $66,881.54 per Metric Ton divided by Steel at $3,066.00 per Metric Ton, from live mid-market prices.
How do you calculate the molybdenum to steel ratio?
Divide the molybdenum price per Metric Ton by the 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 steel per Metric Ton of molybdenum.
What is the inverse of the molybdenum to steel ratio?
The inverse, steel to molybdenum, is 0.04584 — how many Metric Tons of molybdenum one Metric Ton of steel buys.