Commodity ratio · live

Phosphate Rock to Steel Ratio

The phosphate rock to steel ratio is 0.04974 Phosphate Rock at $152.50 per Metric Ton divided by Steel at $3,066.00 per Metric Ton.

Prices as of Aug 24, 2026, 10:27 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Metric Ton

Phosphate Rock to Steel ratio

0.04974

1.000 T of phosphate rock = 0.04974 T of steel

Inverse (STEEL/PR): 20.10 — one Metric Ton of steel buys that much phosphate rock.

Phosphate Rock

$152.50

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 phosphate rock. Prices as of Mon, 24 Aug 2026 10:27:21 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.

Phosphate Rock to Steel ratio charts

Pick a range once — it applies to the PR/STEEL ratio line, the OHLC candles and the Phosphate Rock / Steel price chart below.

One of these commodities only updates monthly, so short ranges are unavailable.

PR/STEEL ratio line

How many T of Steel one T of Phosphate Rock buys, over 1Y.

No overlapping history for PR/STEEL over 1Y. Try a longer range.

PR/STEEL ratio candles

Open, high, low and close of the PR/STEEL ratio for each period in the last 1Y.

No overlapping history for PR/STEEL over 1Y. Try a longer range.

Phosphate Rock 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 phosphate rock to steel ratio

Phosphate Rock to Steel ratio = Phosphate Rock 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 phosphate rock — rather than a plain count.

Worked example, live prices: $152.50 ÷ $3,066.00 = 0.04974. The inverse is 20.10.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4647.62
2XAGSilver69.00
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.75
5NG-FUTNatural Gas Futures2.77
6PLPlatinum1885.63
7PAPalladium1351.00

Frequently asked questions

What is the phosphate rock to steel ratio today?

The phosphate rock to steel ratio is 0.04974 — Phosphate Rock at $152.50 per Metric Ton divided by Steel at $3,066.00 per Metric Ton, from live mid-market prices.

How do you calculate the phosphate rock to steel ratio?

Divide the phosphate rock 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 phosphate rock.

What is the inverse of the phosphate rock to steel ratio?

The inverse, steel to phosphate rock, is 20.10 — how many Metric Tons of phosphate rock one Metric Ton of steel buys.

Phosphate Rock to Steel Ratio — 0.04974 Today | CommodityPriceAPI