Commodity ratio · live
Steel to Methanol Ratio
The steel to methanol ratio is 1.072 — Steel at $3,066.00 per Metric Ton divided by Methanol at $2,861.00 per Metric Ton.
Prices as of Aug 24, 2026, 11:23 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Steel to Methanol ratio
1.000 T of steel = 1.072 T of methanol
Inverse (METH/STEEL): 0.9331 — one Metric Ton of methanol buys that much steel.
Below its 1 year average. (26th percentile of the last 1 year)
Steel
¥3,066.00
per Metric Ton
Methanol
$2,861.00
per Metric Ton
Unit basis: CNY per Metric Ton ÷ USD per Metric Ton. The ratio reads as Metric Tons of methanol per Metric Ton of steel. Prices as of Mon, 24 Aug 2026 11:23:01 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
1.257
median 1.340
1Y low
0.8567
Apr 7, 2026
1Y high
1.588
Nov 24, 2025
Normal band
1.074–1.439
mean ± 1 std dev
Deviation from mean
-1.02σ
312 observations
Steel to Methanol ratio charts
Pick a range once — it applies to the STEEL/METH ratio line, the OHLC candles and the Steel / Methanol price chart below.
STEEL/METH ratio line
How many T of Methanol one T of Steel buys, over 1Y.
STEEL/METH ratio candles
Open, high, low and close of the STEEL/METH ratio for each period in the last 1Y.
Steel and Methanol 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 methanol ratio
Steel to Methanol ratio = Steel price per Metric Ton ÷ Methanol price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of methanol per Metric Ton of steel — rather than a plain count.
Worked example, live prices: $3,066.00 ÷ $2,861.00 = 1.072. The inverse is 0.9331.
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 methanol ratio today?
The steel to methanol ratio is 1.072 — Steel at $3,066.00 per Metric Ton divided by Methanol at $2,861.00 per Metric Ton, from live mid-market prices.
How do you calculate the steel to methanol ratio?
Divide the steel price per Metric Ton by the methanol 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 methanol per Metric Ton of steel.
What is the inverse of the steel to methanol ratio?
The inverse, methanol to steel, is 0.9331 — how many Metric Tons of steel one Metric Ton of methanol buys.