ZMIME
Comparison · 2 models · Updated Oct 4, 2026

Magistral Medium vs Step 1 (32K)

Magistral Medium comes out ahead, 30 to 18 on our weighted score, and it is the cheaper option too.

  1. Our pick

    Mistral AI

    Magistral Medium

    Released Mar 17, 2025

    30/100
    • ECI—
    • Price$2.00 / $5.00
    • Context128K
  2. StepFun

    Step 1 (32K)

    Released Jan 1, 2025

    18/100
    • ECI—
    • Price$2.05 / $9.59
    • Context33K
  3. Add a model

    Make it a three-way comparison.

01 — Verdict

Magistral Medium is our pick

Magistral Medium is the better all-round choice, scoring 30/100 against Step 1 (32K) (18). It leads on price, inputs & features and context window. The score weighs price 50%, inputs & features 30%, context window 20%. None of the shared benchmarks cover every model here yet, so capability is left out of this verdict.

  • CapabilityNot enough dataNo independent benchmark covers every model here yet
  • Lowest priceMagistral MediumMagistral Medium $2.75 · Step 1 (32K) $3.94 per 1M tokens (3:1 blend)
  • Longest contextMagistral MediumMagistral Medium 128,000 · Step 1 (32K) 32,768 tokens
  • Widest inputsSame inputsMagistral Medium: Text · Step 1 (32K): Text
  • Self-hostingNo open weightsBoth are available only through APIs
How the score is built
MeasureWeightMagistral MediumStep 1 (32K)
Price50%2922
Inputs & features30%3525
Context window20%240
Overall100%30/10018/100

Left out because at least one model lacks the data: capability. The remaining weights were rescaled.

02 — Side by side

Every spec in one table

Highlighted cells lead their row. Dashes mean the data is not published.

Magistral Medium vs Step 1 (32K) specifications side by side
SpecificationMagistral MediumMistral AIStep 1 (32K)StepFun
Capability
Capabilities Index (ECI)——
ECI rank——
Price per million tokens
Input$2.00 (best)$2.05
Output$5.00 (best)$9.59
Cached input—$0.41
Blended (3:1)$2.75 (best)$3.94
Long-context rateSame rateSame rate
Price sourceOfficial Mistral APIOfficial StepFun (Global) API
Limits
Context window128,000 tokens (best)32,768 tokens
Max output16,384 tokens32,768 tokens (best)
Inputs and features
TextYesYes
ImagesNoNo
PDFsNoNo
AudioNoNo
VideoNoNo
ReasoningYesNo
Tool callingYesYes
Structured outputNoNo
Availability
WeightsProprietaryProprietary
API model IDmagistral-medium-lateststep-1-32k
API providers4 (best)1
ReleasedMar 17, 2025Jan 1, 2025
Knowledge cutoffJun 2025Jun 2024
03 — Cost

What would a month cost?

Enter your expected volume in millions of tokens. List prices only; caching and batch discounts would lower these.

  • Magistral Medium$30.00
  • Step 1 (32K)$39.68
04 — Questions

Which should you choose?

Which is better: Magistral Medium or Step 1 (32K)?

Magistral Medium is the better all-round choice, scoring 30/100 against Step 1 (32K) (18). It leads on price, inputs & features and context window. The score weighs price 50%, inputs & features 30%, context window 20%. None of the shared benchmarks cover every model here yet, so capability is left out of this verdict.

Which is cheaper, Magistral Medium or Step 1 (32K)?

Magistral Medium is cheaper at $2.00 input / $5.00 output per million tokens (official Mistral API price). Step 1 (32K) costs $2.05 input / $9.59 output per million tokens (official StepFun (Global) API price). At a typical mix of three input tokens to one output token, that is $2.75 per million tokens for Magistral Medium versus $3.94 for Step 1 (32K) (1.4× as much).

Which scores higher on benchmarks?

There is no independent benchmark that covers both models yet. Magistral Medium has not been scored yet and Step 1 (32K) has not been scored yet.

Which is better for coding?

There are no published SWE-bench Verified results for Magistral Medium and Step 1 (32K) yet, so there is no like-for-like coding score. Test both on a sample of your own tasks. Both support tool calling for agent workflows.

Which has the bigger context window?

Magistral Medium has the largest context window at 128,000 tokens, against 32,768 for Step 1 (32K). Maximum output per response: Magistral Medium up to 16,384, Step 1 (32K) up to 32,768 tokens.

Which can read images, PDFs, audio or video?

Magistral Medium accepts text; Step 1 (32K) accepts text. They handle the same number of input types.

Are any of these open source?

No. Magistral Medium and Step 1 (32K) are proprietary and only available through APIs and apps.

Which is newer?

Magistral Medium is the newest, released Mar 17, 2025. Step 1 (32K) came out Jan 1, 2025. Knowledge cutoff: Magistral Medium Jun 2025, Step 1 (32K) Jun 2024.

How do you decide the winner?

Each model gets a 0–100 score on capability (50%, independent benchmark results); price (25%, blended price per million tokens (3 input : 1 output), log scale); inputs & features (15%, image, PDF, audio and video input, tool calling, structured output and reasoning); context window (10%, maximum tokens per request, log scale). Dimensions missing for any model are dropped and the remaining weights rescaled, so every model is judged on the same evidence. Specs and prices come from public model listings and the labs’ own API pages; capability scores come from independent benchmark runs. Data updated Oct 4, 2026.