Commodity ratio · live
TTF Gas to Steel Ratio
The ttf gas to steel ratio is 0.02184 — TTF Gas at $66.97 per Megawatt Hour divided by Steel at $3,066.00 per Metric Ton.
Prices as of Aug 24, 2026, 10:32 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
TTF Gas to Steel ratio
1.000 MWh of ttf gas = 0.02184 T of steel
Inverse (STEEL/TTF-GAS): 45.78 — one Metric Ton of 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
€66.97
per Megawatt Hour
Steel
¥3,066.00
per Metric Ton
Unit basis: EUR per Megawatt Hour ÷ CNY per Metric Ton. The ratio reads as Metric Tons of steel per Megawatt Hour of ttf gas. Prices as of Mon, 24 Aug 2026 10:32:26 GMT.
These two commodities are quoted in different currencies (EUR and CNY). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
0.01319
median 0.01267
1Y low
0.008582
Jan 8, 2026
1Y high
0.02377
Mar 19, 2026
Normal band
0.009708–0.01667
mean ± 1 std dev
Deviation from mean
+2.49σ
318 observations
TTF Gas to Steel ratio charts
Pick a range once — it applies to the TTF-GAS/STEEL ratio line, the OHLC candles and the TTF Gas / Steel price chart below.
TTF-GAS/STEEL ratio line
How many T of Steel one MWh of TTF Gas buys, over 1Y.
TTF-GAS/STEEL ratio candles
Open, high, low and close of the TTF-GAS/STEEL ratio for each period in the last 1Y.
TTF Gas and 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 steel ratio
TTF Gas to Steel ratio = TTF Gas price per Megawatt Hour ÷ Steel price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of steel per Megawatt Hour of ttf gas — rather than a plain count.
Worked example, live prices: $66.97 ÷ $3,066.00 = 0.02184. The inverse is 45.78.
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 steel ratio today?
The ttf gas to steel ratio is 0.02184 — TTF Gas at $66.97 per Megawatt Hour divided by Steel at $3,066.00 per Metric Ton, from live mid-market prices.
How do you calculate the ttf gas to steel ratio?
Divide the ttf gas price per Megawatt Hour by the 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 steel per Megawatt Hour of ttf gas.
What is the inverse of the ttf gas to steel ratio?
The inverse, steel to ttf gas, is 45.78 — how many Megawatt Hours of ttf gas one Metric Ton of steel buys.