Commodity ratio · live
UK Gas to Steel Ratio
The uk gas to steel ratio is 0.05376 — UK Gas at $164.83 per Therm divided by Steel at $3,066.00 per Metric Ton.
Prices as of Aug 24, 2026, 10:36 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
UK Gas to Steel ratio
1.000 Thm of uk gas = 0.05376 T of steel
Inverse (STEEL/UK-GAS): 18.60 — one Metric Ton of steel buys that much uk gas.
Near the top of its 1 year range — historically stretched. (100th percentile of the last 1 year)
UK Gas
$164.83
per Therm
Steel
¥3,066.00
per Metric Ton
Unit basis: USD per Therm ÷ CNY per Metric Ton. The ratio reads as Metric Tons of steel per Therm of uk gas. Prices as of Mon, 24 Aug 2026 10:36:00 GMT.
These two commodities are quoted in different currencies (USD and CNY). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
0.03278
median 0.03106
1Y low
0.02232
Dec 4, 2025
1Y high
0.05782
Mar 19, 2026
Normal band
0.02455–0.04102
mean ± 1 std dev
Deviation from mean
+2.55σ
318 observations
UK Gas to Steel ratio charts
Pick a range once — it applies to the UK-GAS/STEEL ratio line, the OHLC candles and the UK Gas / Steel price chart below.
UK-GAS/STEEL ratio line
How many T of Steel one Thm of UK Gas buys, over 1Y.
UK-GAS/STEEL ratio candles
Open, high, low and close of the UK-GAS/STEEL ratio for each period in the last 1Y.
UK 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 uk gas to steel ratio
UK Gas to Steel ratio = UK Gas price per Therm ÷ Steel price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of steel per Therm of uk gas — rather than a plain count.
Worked example, live prices: $164.83 ÷ $3,066.00 = 0.05376. The inverse is 18.60.
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 uk gas to steel ratio today?
The uk gas to steel ratio is 0.05376 — UK Gas at $164.83 per Therm divided by Steel at $3,066.00 per Metric Ton, from live mid-market prices.
How do you calculate the uk gas to steel ratio?
Divide the uk gas price per Therm 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 Therm of uk gas.
What is the inverse of the uk gas to steel ratio?
The inverse, steel to uk gas, is 18.60 — how many Therms of uk gas one Metric Ton of steel buys.