Commodity ratio · live
Steel to TTF Gas Ratio
The steel to ttf gas ratio is 45.78 — Steel at $3,066.00 per Metric Ton divided by TTF Gas at $66.97 per Megawatt Hour.
Prices as of Aug 24, 2026, 10:33 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Steel to TTF Gas ratio
1.000 T of steel = 45.782 MWh of ttf gas
Inverse (TTF-GAS/STEEL): 0.02184 — one Megawatt Hour of ttf gas buys that much steel.
Near the bottom of its 1 year range — historically compressed. (0th percentile of the last 1 year)
Steel
¥3,066.00
per Metric Ton
TTF Gas
€66.97
per Megawatt Hour
Unit basis: CNY per Metric Ton ÷ EUR per Megawatt Hour. The ratio reads as Megawatt Hours of ttf gas per Metric Ton of steel. Prices as of Mon, 24 Aug 2026 10:33:55 GMT.
These two commodities are quoted in different currencies (CNY and EUR). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
80.90
median 78.92
1Y low
42.07
Mar 19, 2026
1Y high
116.5
Jan 8, 2026
Normal band
61.19–100.6
mean ± 1 std dev
Deviation from mean
-1.78σ
318 observations
Steel to TTF Gas ratio charts
Pick a range once — it applies to the STEEL/TTF-GAS ratio line, the OHLC candles and the Steel / TTF Gas price chart below.
STEEL/TTF-GAS ratio line
How many MWh of TTF Gas one T of Steel buys, over 1Y.
STEEL/TTF-GAS ratio candles
Open, high, low and close of the STEEL/TTF-GAS ratio for each period in the last 1Y.
Steel and TTF Gas 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 ttf gas ratio
Steel to TTF Gas ratio = Steel price per Metric Ton ÷ TTF Gas price per Megawatt Hour
The two legs use different units, so the result is a rate — Megawatt Hours of ttf gas per Metric Ton of steel — rather than a plain count.
Worked example, live prices: $3,066.00 ÷ $66.97 = 45.78. The inverse is 0.02184.
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 ttf gas ratio today?
The steel to ttf gas ratio is 45.78 — Steel at $3,066.00 per Metric Ton divided by TTF Gas at $66.97 per Megawatt Hour, from live mid-market prices.
How do you calculate the steel to ttf gas ratio?
Divide the steel price per Metric Ton by the ttf gas price per Megawatt Hour. If the two units differ, the result is a rate rather than a plain count — read it as Megawatt Hours of ttf gas per Metric Ton of steel.
What is the inverse of the steel to ttf gas ratio?
The inverse, ttf gas to steel, is 0.02184 — how many Metric Tons of steel one Megawatt Hour of ttf gas buys.