Commodity ratio · live
Steel to US Diesel Ratio
The steel to us diesel ratio is 562.6 — Steel at $3,066.00 per Metric Ton divided by US Diesel at $5.45 per Gallon.
Prices as of Aug 24, 2026, 10:35 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Steel to US Diesel ratio
1.000 T of steel = 562.569 gal of us diesel
Inverse (DIESEL-US/STEEL): 0.001778 — one Gallon of us diesel buys that much steel.
Below its 1 year average. (18th percentile of the last 1 year)
Steel
¥3,066.00
per Metric Ton
US Diesel
$5.45
per Gallon
Unit basis: CNY per Metric Ton ÷ USD per Gallon. The ratio reads as Gallons of us diesel per Metric Ton of steel. Prices as of Mon, 24 Aug 2026 10:35:35 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
606.5
median 601.5
1Y low
553.6
Aug 17, 2026
1Y high
669.7
Jul 6, 2026
Normal band
569.0–644.0
mean ± 1 std dev
Deviation from mean
-1.17σ
11 observations
Steel to US Diesel ratio charts
Pick a range once — it applies to the STEEL/DIESEL-US ratio line, the OHLC candles and the Steel / US Diesel price chart below.
STEEL/DIESEL-US ratio line
How many gal of US Diesel one T of Steel buys, over 1Y.
STEEL/DIESEL-US ratio candles
Open, high, low and close of the STEEL/DIESEL-US ratio for each period in the last 1Y.
Steel and US Diesel 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 us diesel ratio
Steel to US Diesel ratio = Steel price per Metric Ton ÷ US Diesel price per Gallon
The two legs use different units, so the result is a rate — Gallons of us diesel per Metric Ton of steel — rather than a plain count.
Worked example, live prices: $3,066.00 ÷ $5.45 = 562.6. The inverse is 0.001778.
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 us diesel ratio today?
The steel to us diesel ratio is 562.6 — Steel at $3,066.00 per Metric Ton divided by US Diesel at $5.45 per Gallon, from live mid-market prices.
How do you calculate the steel to us diesel ratio?
Divide the steel price per Metric Ton by the us diesel price per Gallon. If the two units differ, the result is a rate rather than a plain count — read it as Gallons of us diesel per Metric Ton of steel.
What is the inverse of the steel to us diesel ratio?
The inverse, us diesel to steel, is 0.001778 — how many Metric Tons of steel one Gallon of us diesel buys.