Commodity ratio · live
Urea to Hot-Rolled Coil Steel Ratio
The urea to hot-rolled coil steel ratio is 0.3420 — Urea at $409.00 per Metric Ton divided by Hot-Rolled Coil Steel at $1,196.04 per Metric Ton.
Prices as of Aug 24, 2026, 12:24 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Urea to Hot-Rolled Coil Steel ratio
1.000 T of urea = 0.3420 T of hot-rolled coil steel
Inverse (HRC-STEEL/UREA): 2.924 — one Metric Ton of hot-rolled coil steel buys that much urea.
Below its 1 year average. (14th percentile of the last 1 year)
Urea
$409.00
per Metric Ton
Hot-Rolled Coil Steel
$1,196.04
per Metric Ton
Unit basis: USD per Metric Ton ÷ USD per Metric Ton. The ratio reads as Metric Tons of hot-rolled coil steel per Metric Ton of urea. Prices as of Mon, 24 Aug 2026 12:24:42 GMT.
1Y average
0.4543
median 0.4532
1Y low
0.2978
Jun 22, 2026
1Y high
0.6662
Apr 15, 2026
Normal band
0.3598–0.5488
mean ± 1 std dev
Deviation from mean
-1.19σ
353 observations
Urea to Hot-Rolled Coil Steel ratio charts
Pick a range once — it applies to the UREA/HRC-STEEL ratio line, the OHLC candles and the Urea / Hot-Rolled Coil Steel price chart below.
UREA/HRC-STEEL ratio line
How many T of Hot-Rolled Coil Steel one T of Urea buys, over 1Y.
UREA/HRC-STEEL ratio candles
Open, high, low and close of the UREA/HRC-STEEL ratio for each period in the last 1Y.
Urea 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 urea to hot-rolled coil steel ratio
Urea to Hot-Rolled Coil Steel ratio = Urea price per Metric Ton ÷ Hot-Rolled Coil Steel price per Metric Ton
Both legs share the same unit, so the result is a plain unitless number, directly comparable across time.
Worked example, live prices: $409.00 ÷ $1,196.04 = 0.3420. The inverse is 2.924.
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 | 4655.18 |
| 2 | XAG | Silver | 69.27 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.99 |
| 5 | NG-FUT | Natural Gas Futures | 2.81 |
| 6 | PL | Platinum | 1887.51 |
| 7 | PA | Palladium | 1353.70 |
Frequently asked questions
What is the urea to hot-rolled coil steel ratio today?
The urea to hot-rolled coil steel ratio is 0.3420 — Urea at $409.00 per Metric Ton divided by Hot-Rolled Coil Steel at $1,196.04 per Metric Ton, from live mid-market prices.
How do you calculate the urea to hot-rolled coil steel ratio?
Divide the urea price per Metric Ton 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 Metric Ton of urea.
What is the inverse of the urea to hot-rolled coil steel ratio?
The inverse, hot-rolled coil steel to urea, is 2.924 — how many Metric Tons of urea one Metric Ton of hot-rolled coil steel buys.