Commodity ratio · live
Platinum to Hot-Rolled Coil Steel Ratio
The platinum to hot-rolled coil steel ratio is 1.569 — Platinum at $1,882.97 per Troy Ounce divided by Hot-Rolled Coil Steel at $1,200.06 per Metric Ton.
Prices as of Aug 24, 2026, 12:20 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Platinum to Hot-Rolled Coil Steel ratio
1.000 T.oz of platinum = 1.569 T of hot-rolled coil steel
Inverse (HRC-STEEL/PL): 0.6373 — one Metric Ton of hot-rolled coil steel buys that much platinum.
Below its 1 year average. (22th percentile of the last 1 year)
Platinum
$1,882.97
per Troy Ounce
Hot-Rolled Coil Steel
$1,200.06
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 platinum. Prices as of Mon, 24 Aug 2026 12:20:17 GMT.
1Y average
1.854
median 1.822
1Y low
1.284
Jun 25, 2026
1Y high
3.034
Jan 26, 2026
Normal band
1.511–2.198
mean ± 1 std dev
Deviation from mean
-0.83σ
311 observations
Platinum to Hot-Rolled Coil Steel ratio charts
Pick a range once — it applies to the PL/HRC-STEEL ratio line, the OHLC candles and the Platinum / Hot-Rolled Coil Steel price chart below.
PL/HRC-STEEL ratio line
How many T of Hot-Rolled Coil Steel one T.oz of Platinum buys, over 1Y.
PL/HRC-STEEL ratio candles
Open, high, low and close of the PL/HRC-STEEL ratio for each period in the last 1Y.
Platinum 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 platinum to hot-rolled coil steel ratio
Platinum to Hot-Rolled Coil Steel ratio = Platinum 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 platinum — rather than a plain count.
Worked example, live prices: $1,882.97 ÷ $1,200.06 = 1.569. The inverse is 0.6373.
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 platinum to hot-rolled coil steel ratio today?
The platinum to hot-rolled coil steel ratio is 1.569 — Platinum at $1,882.97 per Troy Ounce divided by Hot-Rolled Coil Steel at $1,200.06 per Metric Ton, from live mid-market prices.
How do you calculate the platinum to hot-rolled coil steel ratio?
Divide the platinum 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 platinum.
What is the inverse of the platinum to hot-rolled coil steel ratio?
The inverse, hot-rolled coil steel to platinum, is 0.6373 — how many Troy Ounces of platinum one Metric Ton of hot-rolled coil steel buys.