Commodity ratio · live
US Industrial Electricity to Steel Ratio
The us industrial electricity to steel ratio is 0.002929 — US Industrial Electricity at $9.17 per Kilowatt Hour divided by Steel at $3,131.00 per Metric Ton.
Prices as of Sep 4, 2026, 5:48 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
US Industrial Electricity to Steel ratio
1.000 kWh of us industrial electricity = 0.002929 T of steel
Inverse (STEEL/ELEC-IND-US): 341.4 — one Metric Ton of steel buys that much us industrial electricity.
Above its 1 year average. (86th percentile of the last 1 year)
US Industrial Electricity
$9.17
per Kilowatt Hour
Steel
¥3,131.00
per Metric Ton
Unit basis: USD per Kilowatt Hour ÷ CNY per Metric Ton. The ratio reads as Metric Tons of steel per Kilowatt Hour of us industrial electricity. Prices as of Fri, 04 Sep 2026 17:48:46 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
0.002831
median 0.002792
1Y low
0.002724
May 1, 2026
1Y high
0.003004
Jan 1, 2026
Normal band
0.002738–0.002923
mean ± 1 std dev
Deviation from mean
+1.06σ
7 observations
US Industrial Electricity to Steel ratio charts
Pick a range once — it applies to the ELEC-IND-US/STEEL ratio line, the OHLC candles and the US Industrial Electricity / Steel price chart below.
ELEC-IND-US/STEEL ratio line
How many T of Steel one kWh of US Industrial Electricity buys, over 1Y.
ELEC-IND-US/STEEL ratio candles
Open, high, low and close of the ELEC-IND-US/STEEL ratio for each period in the last 1Y.
US Industrial Electricity 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 industrial electricity to steel ratio
US Industrial Electricity to Steel ratio = US Industrial Electricity price per Kilowatt Hour ÷ Steel price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of steel per Kilowatt Hour of us industrial electricity — rather than a plain count.
Worked example, live prices: $9.17 ÷ ¥3,131.00 = 0.002929. The inverse is 341.4.
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 industrial electricity to steel ratio today?
The us industrial electricity to steel ratio is 0.002929 — US Industrial Electricity at $9.17 per Kilowatt Hour divided by Steel at ¥3,131.00 per Metric Ton, from live mid-market prices.
How do you calculate the us industrial electricity to steel ratio?
Divide the us industrial electricity price per Kilowatt 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 Kilowatt Hour of us industrial electricity.
What is the inverse of the us industrial electricity to steel ratio?
The inverse, steel to us industrial electricity, is 341.4 — how many Kilowatt Hours of us industrial electricity one Metric Ton of steel buys.