Commodity ratio · live

UK Gas to Iron Ore Ratio

The uk gas to iron ore ratio is 1.621 UK Gas at $164.69 per Therm divided by Iron Ore at $101.60 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.

Therm

UK Gas to Iron Ore ratio

1.621

1.000 Thm of uk gas = 1.621 T of iron ore

Inverse (IORECR/UK-GAS): 0.6169 — one Metric Ton of iron ore buys that much uk gas.

UK Gas

$164.69

per Therm

Iron Ore

$101.60

per Metric Ton

Unit basis: USD per Therm ÷ USD per Metric Ton. The ratio reads as Metric Tons of iron ore per Therm of uk gas. Prices as of Mon, 24 Aug 2026 10:37:52 GMT.

UK Gas to Iron Ore ratio charts

Pick a range once — it applies to the UK-GAS/IORECR ratio line, the OHLC candles and the UK Gas / Iron Ore price chart below.

One of these commodities only updates monthly, so short ranges are unavailable.

UK-GAS/IORECR ratio line

How many T of Iron Ore one Thm of UK Gas buys, over 1Y.

No overlapping history for UK-GAS/IORECR over 1Y. Try a longer range.

UK-GAS/IORECR ratio candles

Open, high, low and close of the UK-GAS/IORECR ratio for each period in the last 1Y.

No overlapping history for UK-GAS/IORECR over 1Y. Try a longer range.

UK Gas and Iron Ore prices

Both legs of the ratio on their own axes, so you can see which one moved over 1Y.

How to calculate the uk gas to iron ore ratio

UK Gas to Iron Ore ratio = UK Gas price per Therm ÷ Iron Ore price per Metric Ton

The two legs use different units, so the result is a rate — Metric Tons of iron ore per Therm of uk gas — rather than a plain count.

Worked example, live prices: $164.69 ÷ $101.60 = 1.621. The inverse is 0.6169.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4640.70
2XAGSilver68.90
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.88
5NG-FUTNatural Gas Futures2.78
6PLPlatinum1883.84
7PAPalladium1350.90

Frequently asked questions

What is the uk gas to iron ore ratio today?

The uk gas to iron ore ratio is 1.621 — UK Gas at $164.69 per Therm divided by Iron Ore at $101.60 per Metric Ton, from live mid-market prices.

How do you calculate the uk gas to iron ore ratio?

Divide the uk gas price per Therm by the iron ore 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 iron ore per Therm of uk gas.

What is the inverse of the uk gas to iron ore ratio?

The inverse, iron ore to uk gas, is 0.6169 — how many Therms of uk gas one Metric Ton of iron ore buys.