Commodity ratio · live
TTF Gas to Hot-Rolled Coil Steel Ratio
The ttf gas to hot-rolled coil steel ratio is 0.05588 — TTF Gas at $66.89 per Megawatt Hour divided by Hot-Rolled Coil Steel at $1,197.06 per Metric Ton.
Prices as of Aug 24, 2026, 10:37 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
TTF Gas to Hot-Rolled Coil Steel ratio
1.000 MWh of ttf gas = 0.05588 T of hot-rolled coil steel
Inverse (HRC-STEEL/TTF-GAS): 17.90 — one Metric Ton of hot-rolled coil steel buys that much ttf gas.
Near the top of its 1 year range — historically stretched. (100th percentile of the last 1 year)
TTF Gas
€66.89
per Megawatt Hour
Hot-Rolled Coil Steel
$1,197.06
per Metric Ton
Unit basis: EUR per Megawatt Hour ÷ USD per Metric Ton. The ratio reads as Metric Tons of hot-rolled coil steel per Megawatt Hour of ttf gas. Prices as of Mon, 24 Aug 2026 10:37:17 GMT.
These two commodities are quoted in different currencies (EUR and USD). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
0.04022
median 0.03994
1Y low
0.02881
Jan 8, 2026
1Y high
0.07041
Mar 19, 2026
Normal band
0.03366–0.04678
mean ± 1 std dev
Deviation from mean
+2.39σ
337 observations
TTF Gas to Hot-Rolled Coil Steel ratio charts
Pick a range once — it applies to the TTF-GAS/HRC-STEEL ratio line, the OHLC candles and the TTF Gas / Hot-Rolled Coil Steel price chart below.
TTF-GAS/HRC-STEEL ratio line
How many T of Hot-Rolled Coil Steel one MWh of TTF Gas buys, over 1Y.
TTF-GAS/HRC-STEEL ratio candles
Open, high, low and close of the TTF-GAS/HRC-STEEL ratio for each period in the last 1Y.
TTF Gas and Hot-Rolled Coil Steel prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the ttf gas to hot-rolled coil steel ratio
TTF Gas to Hot-Rolled Coil Steel ratio = TTF Gas price per Megawatt Hour ÷ Hot-Rolled Coil Steel price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of hot-rolled coil steel per Megawatt Hour of ttf gas — rather than a plain count.
Worked example, live prices: $66.89 ÷ $1,197.06 = 0.05588. The inverse is 17.90.
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 ttf gas to hot-rolled coil steel ratio today?
The ttf gas to hot-rolled coil steel ratio is 0.05588 — TTF Gas at $66.89 per Megawatt Hour divided by Hot-Rolled Coil Steel at $1,197.06 per Metric Ton, from live mid-market prices.
How do you calculate the ttf gas to hot-rolled coil steel ratio?
Divide the ttf gas price per Megawatt Hour by the hot-rolled coil steel 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 hot-rolled coil steel per Megawatt Hour of ttf gas.
What is the inverse of the ttf gas to hot-rolled coil steel ratio?
The inverse, hot-rolled coil steel to ttf gas, is 17.90 — how many Megawatt Hours of ttf gas one Metric Ton of hot-rolled coil steel buys.