Commodity ratio · live

Steel to Molybdenum Ratio

The steel to molybdenum ratio is 0.04584 Steel at $3,066.00 per Metric Ton divided by Molybdenum at $66,881.54 per Metric Ton.

Prices as of Aug 24, 2026, 11:34 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Metric Ton

Steel to Molybdenum ratio

0.04584

1.000 T of steel = 0.04584 T of molybdenum

Inverse (LMMODY/STEEL): 21.81 — one Metric Ton of molybdenum buys that much steel.

Steel

¥3,066.00

per Metric Ton

Molybdenum

$66,881.54

per Metric Ton

Unit basis: CNY per Metric Ton ÷ USD per Metric Ton. The ratio reads as Metric Tons of molybdenum per Metric Ton of steel. Prices as of Mon, 24 Aug 2026 11:34:32 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.

Steel to Molybdenum ratio charts

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

One of these commodities only updates monthly, so short ranges are unavailable.

STEEL/LMMODY ratio line

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

No overlapping history for STEEL/LMMODY over 1Y. Try a longer range.

STEEL/LMMODY ratio candles

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

No overlapping history for STEEL/LMMODY over 1Y. Try a longer range.

Steel and Molybdenum 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 molybdenum ratio

Steel to Molybdenum ratio = Steel price per Metric Ton ÷ Molybdenum price per Metric Ton

The two legs use different units, so the result is a rate — Metric Tons of molybdenum per Metric Ton of steel — rather than a plain count.

Worked example, live prices: $3,066.00 ÷ $66,881.54 = 0.04584. The inverse is 21.81.

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 steel to molybdenum ratio today?

The steel to molybdenum ratio is 0.04584 — Steel at $3,066.00 per Metric Ton divided by Molybdenum at $66,881.54 per Metric Ton, from live mid-market prices.

How do you calculate the steel to molybdenum ratio?

Divide the steel price per Metric Ton by the molybdenum 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 molybdenum per Metric Ton of steel.

What is the inverse of the steel to molybdenum ratio?

The inverse, molybdenum to steel, is 21.81 — how many Metric Tons of steel one Metric Ton of molybdenum buys.

Steel to Molybdenum Ratio — 0.04584 Today | CommodityPriceAPI