Access LME Steel Scrap CFR Turkey (STEEL-SC) price metrics using this API

Access LME Steel Scrap CFR Turkey (STEEL-SC) Price Metrics Using This API

The world of metals trading is undergoing a significant transformation, driven by digital innovation and the integration of smart technologies. One of the most critical components of this transformation is the ability to access real-time data, particularly for commodities like LME Steel Scrap CFR Turkey (STEEL-SC). In this blog post, we will explore the significance of STEEL-SC in the metals market, delve into the capabilities of the Metals-API, and discuss how developers can leverage this powerful tool to create next-generation applications.

Metals-API Information

About LME Steel Scrap CFR Turkey (STEEL-SC)

LME Steel Scrap CFR Turkey represents a crucial segment of the global metals market, particularly in the context of steel production and recycling. As industries increasingly focus on sustainability and efficient resource management, the demand for steel scrap has surged. This demand is not only driven by traditional construction and manufacturing sectors but also by the growing emphasis on recycling and circular economy practices.

The digital transformation in metal markets has enabled stakeholders to access vital data that informs their trading strategies. Technological advancements in data analytics and insights allow for smarter decision-making, while the integration of smart technologies facilitates real-time monitoring of market trends. The future of the metals market is poised for further innovation, with possibilities for enhanced predictive analytics and automated trading systems.

API Description

The Metals-API is a robust tool designed to provide developers with real-time access to metals pricing data, including STEEL-SC. This API empowers users to build applications that can analyze market trends, track price fluctuations, and make informed trading decisions. By harnessing the power of real-time metals data, developers can create solutions that enhance operational efficiency and drive profitability.

For more information on the API's capabilities, visit the Metals-API Website or check out the Metals-API Documentation.

Key Features and Endpoints

The Metals-API offers a variety of endpoints that cater to different data needs. Below are some of the key features and their potential applications:

• Latest Rates Endpoint: This endpoint provides real-time exchange rate data for metals, updated according to your subscription plan. Depending on the plan, updates can occur every 60 minutes or even every 10 minutes, ensuring you have the most current information at your fingertips.
• Historical Rates Endpoint: Access historical rates dating back to 2019. By appending a specific date to your query, you can retrieve past pricing data, which is invaluable for trend analysis and forecasting.
• Bid and Ask Endpoint: This feature allows you to retrieve real-time bid and ask prices for metals, providing insights into market liquidity and pricing dynamics.
• Convert Endpoint: The conversion endpoint enables users to convert amounts between different metals or to/from USD, facilitating seamless transactions across various currencies.
• Time-Series Endpoint: Query daily historical rates between two dates of your choice. This endpoint is particularly useful for analyzing price trends over specific periods.
• Fluctuation Endpoint: Track how metal prices fluctuate on a day-to-day basis, providing insights into market volatility and helping traders make informed decisions.
• Carat Endpoint: Retrieve information about gold rates by carat, which is essential for jewelers and investors in precious metals.
• Lowest/Highest Price Endpoint: This endpoint allows you to query the API for the lowest and highest prices within a specified timeframe, aiding in market analysis.
• Open/High/Low/Close (OHLC) Price Endpoint: Access open, high, low, and close prices for a specific date, which is crucial for technical analysis.
• Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, providing a comprehensive view of market trends over time.
• API Key: Your unique API key is essential for accessing the API's features. It must be included in the API base URL's access_key parameter.
• API Response: The API delivers exchange rates relative to USD by default, with all data returned in a structured JSON format.
• Available Endpoints: The Metals-API features 14 different endpoints, each designed to provide specific functionalities tailored to user needs.
• Supported Symbols Endpoint: This constantly updated endpoint returns all available metal symbols, ensuring you have access to the latest data.
• News Endpoint: Retrieve the latest news articles related to various metals, keeping you informed about market developments.

For a complete list of supported symbols, refer to the Metals-API Supported Symbols.

API Endpoint Examples and Responses

Understanding how to interact with the Metals-API is crucial for effective implementation. Below are examples of various endpoints along with their expected responses:

Latest Rates Endpoint

Get real-time exchange rates for all available metals.

{
"success": true,
"timestamp": 1772237544,
"base": "USD",
"date": "2026-02-28",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744,
"XCU": 0.294118,
"XAL": 0.434783,
"XNI": 0.142857,
"XZN": 0.344828
},
"unit": "per troy ounce"
}

Historical Rates Endpoint

Access historical exchange rates for any date since 1999.

{
"success": true,
"timestamp": 1772151144,
"base": "USD",
"date": "2026-02-27",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}

Time-series Endpoint

Get exchange rates for a specific time period.

{
"success": true,
"timeseries": true,
"start_date": "2026-02-21",
"end_date": "2026-02-28",
"base": "USD",
"rates": {
"2026-02-21": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2026-02-23": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2026-02-28": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}

Convert Endpoint

Convert any amount from one metal to another or to/from USD.

{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1772237544,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}

Fluctuation Endpoint

Track rate fluctuations between two dates.

{
"success": true,
"fluctuation": true,
"start_date": "2026-02-21",
"end_date": "2026-02-28",
"base": "USD",
"rates": {
"XAU": {
"start_rate": 0.000485,
"end_rate": 0.000482,
"change": -3.0e-6,
"change_pct": -0.62
},
"XAG": {
"start_rate": 0.03825,
"end_rate": 0.03815,
"change": -0.0001,
"change_pct": -0.26
},
"XPT": {
"start_rate": 0.000915,
"end_rate": 0.000912,
"change": -3.0e-6,
"change_pct": -0.33
}
},
"unit": "per troy ounce"
}

OHLC (Open/High/Low/Close) Price Endpoint

Get OHLC data for a specific time period.

{
"success": true,
"timestamp": 1772237544,
"base": "USD",
"date": "2026-02-28",
"rates": {
"XAU": {
"open": 0.000485,
"high": 0.000487,
"low": 0.000481,
"close": 0.000482
},
"XAG": {
"open": 0.03825,
"high": 0.0383,
"low": 0.0381,
"close": 0.03815
},
"XPT": {
"open": 0.000915,
"high": 0.000918,
"low": 0.00091,
"close": 0.000912
}
},
"unit": "per troy ounce"
}

Bid/Ask Endpoint

Get current bid and ask prices for metals.

{
"success": true,
"timestamp": 1772237544,
"base": "USD",
"date": "2026-02-28",
"rates": {
"XAU": {
"bid": 0.000481,
"ask": 0.000483,
"spread": 2.0e-6
},
"XAG": {
"bid": 0.0381,
"ask": 0.0382,
"spread": 0.0001
},
"XPT": {
"bid": 0.000911,
"ask": 0.000913,
"spread": 2.0e-6
}
},
"unit": "per troy ounce"
}

Conclusion

In conclusion, the Metals-API provides a comprehensive suite of tools for accessing real-time and historical data on LME Steel Scrap CFR Turkey (STEEL-SC) and other metals. By leveraging the capabilities of this API, developers can create innovative applications that enhance decision-making processes in the metals market. The integration of advanced data analytics, real-time monitoring, and smart technology will continue to shape the future of the metals industry.

For further exploration of the API's features, be sure to check the Metals-API Documentation and familiarize yourself with the Metals-API Supported Symbols. Embrace the potential of real-time metals data and position yourself at the forefront of the evolving metals market.