Commodity ratio · live
Steel to Soda Ash Ratio
The steel to soda ash ratio is 2.977 — Steel at $3,066.00 per Metric Ton divided by Soda Ash at $1,030.00 per Metric Ton.
Prices as of Aug 24, 2026, 11:33 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Steel to Soda Ash ratio
1.000 T of steel = 2.977 T of soda ash
Inverse (SODASH/STEEL): 0.3359 — one Metric Ton of soda ash buys that much steel.
Near the top of its 1 year range — historically stretched. (100th percentile of the last 1 year)
Steel
¥3,066.00
per Metric Ton
Soda Ash
$1,030.00
per Metric Ton
Unit basis: CNY per Metric Ton ÷ USD per Metric Ton. The ratio reads as Metric Tons of soda ash per Metric Ton of steel. Prices as of Mon, 24 Aug 2026 11:33:20 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
2.610
median 2.584
1Y low
2.396
Dec 12, 2025
1Y high
2.985
Aug 23, 2026
Normal band
2.500–2.720
mean ± 1 std dev
Deviation from mean
+3.32σ
314 observations
Steel to Soda Ash ratio charts
Pick a range once — it applies to the STEEL/SODASH ratio line, the OHLC candles and the Steel / Soda Ash price chart below.
STEEL/SODASH ratio line
How many T of Soda Ash one T of Steel buys, over 1Y.
STEEL/SODASH ratio candles
Open, high, low and close of the STEEL/SODASH ratio for each period in the last 1Y.
Steel and Soda Ash 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 soda ash ratio
Steel to Soda Ash ratio = Steel price per Metric Ton ÷ Soda Ash price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of soda ash per Metric Ton of steel — rather than a plain count.
Worked example, live prices: $3,066.00 ÷ $1,030.00 = 2.977. The inverse is 0.3359.
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 soda ash ratio today?
The steel to soda ash ratio is 2.977 — Steel at $3,066.00 per Metric Ton divided by Soda Ash at $1,030.00 per Metric Ton, from live mid-market prices.
How do you calculate the steel to soda ash ratio?
Divide the steel price per Metric Ton by the soda ash 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 soda ash per Metric Ton of steel.
What is the inverse of the steel to soda ash ratio?
The inverse, soda ash to steel, is 0.3359 — how many Metric Tons of steel one Metric Ton of soda ash buys.