Commodity ratio · live

Soda Ash to Steel Ratio

The soda ash to steel ratio is 0.3359 Soda Ash at $1,030.00 per Metric Ton divided by Steel at $3,066.00 per Metric Ton.

Prices as of Aug 24, 2026, 11:33 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Metric Ton

Soda Ash to Steel ratio

0.3359-15.21% / 1Y

1.000 T of soda ash = 0.3359 T of steel

Inverse (STEEL/SODASH): 2.977 — one Metric Ton of steel buys that much soda ash.

Near the bottom of its 1 year range — historically compressed. (0th percentile of the last 1 year)

Soda Ash

$1,030.00

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 soda ash. Prices as of Mon, 24 Aug 2026 11:33:20 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.

1Y average

0.3838

median 0.3870

1Y low

0.3350

Aug 23, 2026

1Y high

0.4174

Dec 12, 2025

Normal band

0.3684–0.3992

mean ± 1 std dev

Deviation from mean

-3.10σ

314 observations

Soda Ash to Steel ratio charts

Pick a range once — it applies to the SODASH/STEEL ratio line, the OHLC candles and the Soda Ash / Steel price chart below.

SODASH/STEEL ratio line

How many T of Steel one T of Soda Ash buys, over 1Y.

SODASH/STEEL ratio candles

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

Soda Ash 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 soda ash to steel ratio

Soda Ash to Steel ratio = Soda Ash 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 soda ash — rather than a plain count.

Worked example, live prices: $1,030.00 ÷ $3,066.00 = 0.3359. The inverse is 2.977.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4640.70
2XAGSilver68.90
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.88
5NG-FUTNatural Gas Futures2.78
6PLPlatinum1883.84
7PAPalladium1350.90

Frequently asked questions

What is the soda ash to steel ratio today?

The soda ash to steel ratio is 0.3359 — Soda Ash at $1,030.00 per Metric Ton divided by Steel at $3,066.00 per Metric Ton, from live mid-market prices.

How do you calculate the soda ash to steel ratio?

Divide the soda ash 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 soda ash.

What is the inverse of the soda ash to steel ratio?

The inverse, steel to soda ash, is 2.977 — how many Metric Tons of soda ash one Metric Ton of steel buys.

Soda Ash to Steel Ratio — 0.3359 Today | CommodityPriceAPI