Commodity ratio · live
Steel to UK Gas Ratio
The steel to uk gas ratio is 18.60 — Steel at $3,066.00 per Metric Ton divided by UK Gas at $164.83 per Therm.
Prices as of Aug 24, 2026, 10:35 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Steel to UK Gas ratio
1.000 T of steel = 18.601 Thm of uk gas
Inverse (UK-GAS/STEEL): 0.05376 — one Therm of uk 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
UK Gas
$164.83
per Therm
Unit basis: CNY per Metric Ton ÷ USD per Therm. The ratio reads as Therms of uk gas per Metric Ton of steel. Prices as of Mon, 24 Aug 2026 10:35:59 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
32.30
median 32.20
1Y low
17.29
Mar 19, 2026
1Y high
44.81
Dec 4, 2025
Normal band
24.98–39.63
mean ± 1 std dev
Deviation from mean
-1.87σ
318 observations
Steel to UK Gas ratio charts
Pick a range once — it applies to the STEEL/UK-GAS ratio line, the OHLC candles and the Steel / UK Gas price chart below.
STEEL/UK-GAS ratio line
How many Thm of UK Gas one T of Steel buys, over 1Y.
STEEL/UK-GAS ratio candles
Open, high, low and close of the STEEL/UK-GAS ratio for each period in the last 1Y.
Steel and UK 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 uk gas ratio
Steel to UK Gas ratio = Steel price per Metric Ton ÷ UK Gas price per Therm
The two legs use different units, so the result is a rate — Therms of uk gas per Metric Ton of steel — rather than a plain count.
Worked example, live prices: $3,066.00 ÷ $164.83 = 18.60. The inverse is 0.05376.
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 uk gas ratio today?
The steel to uk gas ratio is 18.60 — Steel at $3,066.00 per Metric Ton divided by UK Gas at $164.83 per Therm, from live mid-market prices.
How do you calculate the steel to uk gas ratio?
Divide the steel price per Metric Ton by the uk gas price per Therm. If the two units differ, the result is a rate rather than a plain count — read it as Therms of uk gas per Metric Ton of steel.
What is the inverse of the steel to uk gas ratio?
The inverse, uk gas to steel, is 0.05376 — how many Metric Tons of steel one Therm of uk gas buys.