Commodity ratio · live
Wheat, U.S., SRW to Steel Ratio
The wheat, u.s., srw to steel ratio is 0.08465 — Wheat, U.S., SRW at $259.54 per Metric Ton divided by Steel at $3,066.00 per Metric Ton.
Prices as of Aug 24, 2026, 11:33 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Wheat, U.S., SRW to Steel ratio
1.000 T of wheat, u.s., srw = 0.08465 T of steel
Inverse (STEEL/ZWSRW): 11.81 — one Metric Ton of steel buys that much wheat, u.s., srw.
Wheat, U.S., SRW
$259.54
per Metric Ton
Steel
¥3,066.00
per Metric Ton
Unit basis: USD per Metric Ton ÷ CNY per Metric Ton. The ratio reads as Metric Tons of steel per Metric Ton of wheat, u.s., srw. Prices as of Mon, 24 Aug 2026 11:33:12 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.
Wheat, U.S., SRW to Steel ratio charts
Pick a range once — it applies to the ZWSRW/STEEL ratio line, the OHLC candles and the Wheat, U.S., SRW / Steel price chart below.
ZWSRW/STEEL ratio line
How many T of Steel one T of Wheat, U.S., SRW buys, over 1Y.
No overlapping history for ZWSRW/STEEL over 1Y. Try a longer range.
ZWSRW/STEEL ratio candles
Open, high, low and close of the ZWSRW/STEEL ratio for each period in the last 1Y.
No overlapping history for ZWSRW/STEEL over 1Y. Try a longer range.
Wheat, U.S., SRW 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 wheat, u.s., srw to steel ratio
Wheat, U.S., SRW to Steel ratio = Wheat, U.S., SRW price per Metric Ton ÷ Steel price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of steel per Metric Ton of wheat, u.s., srw — rather than a plain count.
Worked example, live prices: $259.54 ÷ $3,066.00 = 0.08465. The inverse is 11.81.
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 | 4640.70 |
| 2 | XAG | Silver | 68.90 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.88 |
| 5 | NG-FUT | Natural Gas Futures | 2.78 |
| 6 | PL | Platinum | 1883.84 |
| 7 | PA | Palladium | 1350.90 |
Frequently asked questions
What is the wheat, u.s., srw to steel ratio today?
The wheat, u.s., srw to steel ratio is 0.08465 — Wheat, U.S., SRW at $259.54 per Metric Ton divided by Steel at $3,066.00 per Metric Ton, from live mid-market prices.
How do you calculate the wheat, u.s., srw to steel ratio?
Divide the wheat, u.s., srw price per Metric Ton 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 Metric Ton of wheat, u.s., srw.
What is the inverse of the wheat, u.s., srw to steel ratio?
The inverse, steel to wheat, u.s., srw, is 11.81 — how many Metric Tons of wheat, u.s., srw one Metric Ton of steel buys.