Commodity ratio · live
Steel to Cattle Ratio
The steel to cattle ratio is 1359 — Steel at $3,066.00 per Metric Ton divided by Cattle at $2.26 per Pound.
Prices as of Aug 24, 2026, 10:32 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Steel to Cattle ratio
1.000 T of steel = 1,358.9 lbs of cattle
Inverse (LC1/STEEL): 0.0007359 — one Pound of cattle buys that much steel.
Above its 1 year average. (87th percentile of the last 1 year)
Steel
¥3,066.00
per Metric Ton
Cattle
¢2.26
per Pound
Unit basis: CNY per Metric Ton ÷ US Cent per Pound. The ratio reads as Pounds of cattle per Metric Ton of steel. Prices as of Mon, 24 Aug 2026 10:32:53 GMT.
These two commodities are quoted in different currencies (CNY and US Cent). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
1310
median 1313
1Y low
1147
Aug 4, 2026
1Y high
1549
Jan 7, 2026
Normal band
1259–1362
mean ± 1 std dev
Deviation from mean
+0.94σ
200 observations
Steel to Cattle ratio charts
Pick a range once — it applies to the STEEL/LC1 ratio line, the OHLC candles and the Steel / Cattle price chart below.
STEEL/LC1 ratio line
How many lbs of Cattle one T of Steel buys, over 1Y.
STEEL/LC1 ratio candles
Open, high, low and close of the STEEL/LC1 ratio for each period in the last 1Y.
Steel and Cattle 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 cattle ratio
Steel to Cattle ratio = Steel price per Metric Ton ÷ Cattle price per Pound
The two legs use different units, so the result is a rate — Pounds of cattle per Metric Ton of steel — rather than a plain count.
Worked example, live prices: $3,066.00 ÷ $2.26 = 1359. The inverse is 0.0007359.
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 cattle ratio today?
The steel to cattle ratio is 1359 — Steel at $3,066.00 per Metric Ton divided by Cattle at $2.26 per Pound, from live mid-market prices.
How do you calculate the steel to cattle ratio?
Divide the steel price per Metric Ton by the cattle price per Pound. If the two units differ, the result is a rate rather than a plain count — read it as Pounds of cattle per Metric Ton of steel.
What is the inverse of the steel to cattle ratio?
The inverse, cattle to steel, is 0.0007359 — how many Metric Tons of steel one Pound of cattle buys.