Commodity ratio · live
US Diesel to Steel Ratio
The us diesel to steel ratio is 0.001789 — US Diesel at $5.60 per Gallon divided by Steel at $3,131.00 per Metric Ton.
Prices as of Sep 4, 2026, 4:43 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
US Diesel to Steel ratio
1.000 gal of us diesel = 0.001789 T of steel
Inverse (STEEL/DIESEL-US): 559.1 — one Metric Ton of steel buys that much us diesel.
Above its 1 year average. (77th percentile of the last 1 year)
US Diesel
$5.60
per Gallon
Steel
¥3,131.00
per Metric Ton
Unit basis: USD per Gallon ÷ CNY per Metric Ton. The ratio reads as Metric Tons of steel per Gallon of us diesel. Prices as of Fri, 04 Sep 2026 16:43:16 GMT.
Prices on this page are delayed by up to 15 minutes. For real-time rates, use the CommodityPriceAPI.
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
0.001679
median 0.001677
1Y low
0.001493
Jul 6, 2026
1Y high
0.001843
Aug 24, 2026
Normal band
0.001569–0.001790
mean ± 1 std dev
Deviation from mean
+0.99σ
13 observations
US Diesel to Steel ratio charts
Pick a range once — it applies to the DIESEL-US/STEEL ratio line, the OHLC candles and the US Diesel / Steel price chart below.
DIESEL-US/STEEL ratio line
How many T of Steel one gal of US Diesel buys, over 1Y.
DIESEL-US/STEEL ratio candles
Open, high, low and close of the DIESEL-US/STEEL ratio for each period in the last 1Y.
US Diesel 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 us diesel to steel ratio
US Diesel to Steel ratio = US Diesel price per Gallon ÷ Steel price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of steel per Gallon of us diesel — rather than a plain count.
Worked example, live prices: $5.60 ÷ ¥3,131.00 = 0.001789. The inverse is 559.1.
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 | 4430.58 |
| 2 | XAG | Silver | 66.24 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 91.48 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 96.28 |
| 5 | NG-FUT | Natural Gas Futures | 2.98 |
| 6 | PL | Platinum | 1824.38 |
| 7 | PA | Palladium | 1398.80 |
Frequently asked questions
What is the us diesel to steel ratio today?
The us diesel to steel ratio is 0.001789 — US Diesel at $5.60 per Gallon divided by Steel at ¥3,131.00 per Metric Ton, from live mid-market prices.
How do you calculate the us diesel to steel ratio?
Divide the us diesel price per Gallon 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 Gallon of us diesel.
What is the inverse of the us diesel to steel ratio?
The inverse, steel to us diesel, is 559.1 — how many Gallons of us diesel one Metric Ton of steel buys.