Commodity ratio · live
Palladium to Hot-Rolled Coil Steel Ratio
The palladium to hot-rolled coil steel ratio is 1.132 — Palladium at $1,354.30 per Troy Ounce 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.
Palladium to Hot-Rolled Coil Steel ratio
1.000 T.oz of palladium = 1.132 T of hot-rolled coil steel
Inverse (HRC-STEEL/PA): 0.8831 — one Metric Ton of hot-rolled coil steel buys that much palladium.
Below its 1 year average. (21th percentile of the last 1 year)
Palladium
$1,354.30
per Troy Ounce
Hot-Rolled Coil Steel
$1,196.04
per Metric Ton
Unit basis: USD per Troy Ounce ÷ USD per Metric Ton. The ratio reads as Metric Tons of hot-rolled coil steel per Troy Ounce of palladium. Prices as of Mon, 24 Aug 2026 12:24:40 GMT.
1Y average
1.475
median 1.463
1Y low
0.9530
Jun 24, 2026
1Y high
2.249
Jan 26, 2026
Normal band
1.178–1.771
mean ± 1 std dev
Deviation from mean
-1.16σ
311 observations
Palladium to Hot-Rolled Coil Steel ratio charts
Pick a range once — it applies to the PA/HRC-STEEL ratio line, the OHLC candles and the Palladium / Hot-Rolled Coil Steel price chart below.
PA/HRC-STEEL ratio line
How many T of Hot-Rolled Coil Steel one T.oz of Palladium buys, over 1Y.
PA/HRC-STEEL ratio candles
Open, high, low and close of the PA/HRC-STEEL ratio for each period in the last 1Y.
Palladium 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 palladium to hot-rolled coil steel ratio
Palladium to Hot-Rolled Coil Steel ratio = Palladium price per Troy Ounce ÷ 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 Troy Ounce of palladium — rather than a plain count.
Worked example, live prices: $1,354.30 ÷ $1,196.04 = 1.132. The inverse is 0.8831.
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 palladium to hot-rolled coil steel ratio today?
The palladium to hot-rolled coil steel ratio is 1.132 — Palladium at $1,354.30 per Troy Ounce divided by Hot-Rolled Coil Steel at $1,196.04 per Metric Ton, from live mid-market prices.
How do you calculate the palladium to hot-rolled coil steel ratio?
Divide the palladium price per Troy Ounce 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 Troy Ounce of palladium.
What is the inverse of the palladium to hot-rolled coil steel ratio?
The inverse, hot-rolled coil steel to palladium, is 0.8831 — how many Troy Ounces of palladium one Metric Ton of hot-rolled coil steel buys.