Commodity ratio · live
Steel to Beef Ratio
The steel to beef ratio is 7.838 — Steel at $3,066.00 per Metric Ton divided by Beef at $391.15 per Kilogram.
Prices as of Aug 24, 2026, 10:27 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Steel to Beef ratio
1.000 T of steel = 7.838 kg of beef
Inverse (BEEF/STEEL): 0.1276 — one Kilogram of beef buys that much steel.
Below its 1 year average. (23th percentile of the last 1 year)
Steel
¥3,066.00
per Metric Ton
Beef
$391.15
per Kilogram
Unit basis: CNY per Metric Ton ÷ USD per Kilogram. The ratio reads as Kilograms of beef per Metric Ton of steel. Prices as of Mon, 24 Aug 2026 10:27:35 GMT.
These two commodities are quoted in different currencies (CNY and USD). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
8.008
median 8.042
1Y low
7.636
Aug 19, 2026
1Y high
8.286
Aug 6, 2026
Normal band
7.820–8.195
mean ± 1 std dev
Deviation from mean
-0.90σ
13 observations
Steel to Beef ratio charts
Pick a range once — it applies to the STEEL/BEEF ratio line, the OHLC candles and the Steel / Beef price chart below.
STEEL/BEEF ratio line
How many kg of Beef one T of Steel buys, over 1Y.
STEEL/BEEF ratio candles
Open, high, low and close of the STEEL/BEEF ratio for each period in the last 1Y.
Steel and Beef prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the steel to beef ratio
Steel to Beef ratio = Steel price per Metric Ton ÷ Beef price per Kilogram
The two legs use different units, so the result is a rate — Kilograms of beef per Metric Ton of steel — rather than a plain count.
Worked example, live prices: $3,066.00 ÷ $391.15 = 7.838. The inverse is 0.1276.
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 | 4647.62 |
| 2 | XAG | Silver | 69.00 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.75 |
| 5 | NG-FUT | Natural Gas Futures | 2.77 |
| 6 | PL | Platinum | 1885.63 |
| 7 | PA | Palladium | 1351.00 |
Frequently asked questions
What is the steel to beef ratio today?
The steel to beef ratio is 7.838 — Steel at $3,066.00 per Metric Ton divided by Beef at $391.15 per Kilogram, from live mid-market prices.
How do you calculate the steel to beef ratio?
Divide the steel price per Metric Ton by the beef price per Kilogram. If the two units differ, the result is a rate rather than a plain count — read it as Kilograms of beef per Metric Ton of steel.
What is the inverse of the steel to beef ratio?
The inverse, beef to steel, is 0.1276 — how many Metric Tons of steel one Kilogram of beef buys.