Commodity ratio · live
Steel to US Industrial Electricity Ratio
The steel to us industrial electricity ratio is 352.0 — Steel at $3,066.00 per Metric Ton divided by US Industrial Electricity at $8.71 per Kilowatt Hour.
Prices as of Aug 24, 2026, 11:36 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Steel to US Industrial Electricity ratio
1.000 T of steel = 352.009 kWh of us industrial electricity
Inverse (ELEC-IND-US/STEEL): 0.002841 — one Kilowatt Hour of us industrial electricity buys that much steel.
Close to the middle of its 1 year range. (33th percentile of the last 1 year)
Steel
¥3,066.00
per Metric Ton
US Industrial Electricity
$8.71
per Kilowatt Hour
Unit basis: CNY per Metric Ton ÷ USD per Kilowatt Hour. The ratio reads as Kilowatt Hours of us industrial electricity per Metric Ton of steel. Prices as of Mon, 24 Aug 2026 11:36:02 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
354.9
median 358.5
1Y low
332.9
Jan 1, 2026
1Y high
367.2
May 1, 2026
Normal band
343.1–366.7
mean ± 1 std dev
Deviation from mean
-0.25σ
6 observations
Steel to US Industrial Electricity ratio charts
Pick a range once — it applies to the STEEL/ELEC-IND-US ratio line, the OHLC candles and the Steel / US Industrial Electricity price chart below.
STEEL/ELEC-IND-US ratio line
How many kWh of US Industrial Electricity one T of Steel buys, over 1Y.
STEEL/ELEC-IND-US ratio candles
Open, high, low and close of the STEEL/ELEC-IND-US ratio for each period in the last 1Y.
Steel and US Industrial Electricity 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 industrial electricity ratio
Steel to US Industrial Electricity ratio = Steel price per Metric Ton ÷ US Industrial Electricity price per Kilowatt Hour
The two legs use different units, so the result is a rate — Kilowatt Hours of us industrial electricity per Metric Ton of steel — rather than a plain count.
Worked example, live prices: $3,066.00 ÷ $8.71 = 352.0. The inverse is 0.002841.
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 | 4640.70 |
| 2 | XAG | Silver | 68.90 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.88 |
| 5 | NG-FUT | Natural Gas Futures | 2.78 |
| 6 | PL | Platinum | 1883.84 |
| 7 | PA | Palladium | 1350.90 |
Frequently asked questions
What is the steel to us industrial electricity ratio today?
The steel to us industrial electricity ratio is 352.0 — Steel at $3,066.00 per Metric Ton divided by US Industrial Electricity at $8.71 per Kilowatt Hour, from live mid-market prices.
How do you calculate the steel to us industrial electricity ratio?
Divide the steel price per Metric Ton by the us industrial electricity price per Kilowatt Hour. If the two units differ, the result is a rate rather than a plain count — read it as Kilowatt Hours of us industrial electricity per Metric Ton of steel.
What is the inverse of the steel to us industrial electricity ratio?
The inverse, us industrial electricity to steel, is 0.002841 — how many Metric Tons of steel one Kilowatt Hour of us industrial electricity buys.