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Collect Ferro Chrome (FE-CR) Historical Prices using this API

Collect Ferro Chrome (FE-CR) Historical Prices using this API

Collect Ferro Chrome (FE-CR) Historical Prices using this API

In the ever-evolving landscape of metal markets, the demand for accurate and timely data has never been more critical. One metal that has garnered significant attention is Ferro Chrome (FE-CR), a vital ingredient in the production of stainless steel. As industries increasingly embrace digital transformation, the need for reliable historical pricing data becomes paramount. This blog post will explore how developers can leverage the Metals-API to collect historical prices for Ferro Chrome and other metals, while also delving into the broader implications of technological advancements in the metal markets.

About Ferro Chrome (FE-CR)

Ferro Chrome is an essential alloy used primarily in the production of stainless steel, which accounts for a significant portion of global steel production. As the world shifts towards more sustainable practices, the demand for stainless steel is expected to rise, thereby increasing the demand for Ferro Chrome. The integration of smart technologies and data analytics in the metal markets is transforming how businesses operate, enabling them to make data-driven decisions that enhance efficiency and profitability.

Digital transformation in metal markets is not just about adopting new technologies; it’s about rethinking how data is collected, analyzed, and utilized. With the advent of APIs like Metals-API, developers can access real-time and historical pricing data, allowing for deeper insights into market trends and price fluctuations. This capability empowers businesses to optimize their supply chains, manage risks, and make informed purchasing decisions.

Technological Innovation and Advancement

The Metals-API is at the forefront of this technological revolution, offering a suite of features that cater to the needs of developers and businesses alike. By providing access to real-time and historical data, the API enables users to track price movements, analyze trends, and forecast future prices. This level of insight is crucial for businesses looking to maintain a competitive edge in the market.

Data Analytics and Insights

Data analytics plays a pivotal role in understanding market dynamics. With the Metals-API, developers can harness the power of data to extract meaningful insights. For instance, the API's Historical Rates Endpoint allows users to retrieve historical pricing data for Ferro Chrome and other metals dating back to 2019. This data can be invaluable for conducting market analysis, identifying trends, and making strategic decisions.

Smart Technology Integration

Integrating smart technologies into the metal markets is another area where the Metals-API excels. The API supports various endpoints that facilitate seamless integration with existing systems. For example, the Convert Endpoint allows users to convert amounts between different metals or currencies, making it easier to manage transactions and pricing across different markets.

Future Trends and Possibilities

As we look to the future, the potential for innovation in the metal markets is vast. The Metals-API is continuously evolving, with new features and enhancements being added regularly. Developers can expect to see improvements in data accuracy, speed, and accessibility, further empowering them to build next-generation applications that leverage real-time metals data.

API Description

The Metals-API is a powerful tool that provides developers with access to a wide range of metal pricing data. With its user-friendly interface and comprehensive documentation, developers can quickly integrate the API into their applications. The API offers various endpoints, each designed to fulfill specific needs, from retrieving the latest rates to accessing historical data.

For detailed information on how to use the API, developers can refer to the Metals-API Documentation, which provides comprehensive guidance on authentication, endpoint usage, and response handling.

Key Features and Endpoints

The Metals-API boasts a variety of features that cater to different use cases:

  • Latest Rates Endpoint: Depending on your subscription plan, this endpoint returns real-time exchange rate data updated every 60 minutes, every 10 minutes, or even more frequently. This feature is essential for businesses that require up-to-the-minute pricing information to make timely decisions.
  • Historical Rates Endpoint: Users can access historical rates for most currencies dating back to 2019. By appending a specific date to the API request, developers can retrieve historical pricing data for analysis and reporting.
  • Bid and Ask Endpoint: This powerful feature allows users to retrieve real-time bid and ask prices for various metals, providing insights into market liquidity and pricing dynamics.
  • Convert Endpoint: This endpoint enables users to convert any amount from one metal to another or to/from USD, simplifying transactions and pricing calculations.
  • Time-Series Endpoint: Developers can query the API for daily historical rates between two dates of their choice, facilitating in-depth analysis of price movements over time.
  • Fluctuation Endpoint: This endpoint provides information about how prices fluctuate on a day-to-day basis, allowing businesses to track volatility and make informed decisions.
  • Carat Endpoint: Users can retrieve information about gold rates by carat, which is particularly useful for jewelers and traders dealing in precious metals.
  • Lowest/Highest Price Endpoint: This feature allows users to query the API to get the lowest and highest prices for a specified date range, aiding in market analysis and decision-making.
  • Open/High/Low/Close (OHLC) Price Endpoint: Users can access OHLC data for a specific time period, providing a comprehensive view of price movements and trends.
  • Historical LME Endpoint: This endpoint provides access to historical rates for LME symbols dating back to 2008, making it a valuable resource for historical analysis.
  • API Key: The API Key is a unique identifier that must be included in API requests to authenticate and authorize access to the data.
  • 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 includes 14 endpoints, each providing different functionalities to cater to various user needs.
  • Supported Symbols Endpoint: This endpoint returns a constantly updated list of all available currencies and metals, ensuring users have access to the latest information.
  • Gold Price India Endpoint: Users can retrieve the latest gold price in India using this dedicated endpoint, which is particularly useful for traders in the region.
  • News Endpoint: This feature allows users to access the latest news articles related to various metals, keeping them informed about market developments.

API Endpoint Examples and Responses

Understanding how to interact with the Metals-API is crucial for developers. Below are examples of how to use various endpoints and the expected JSON responses.

Latest Rates Endpoint

To get real-time exchange rates for all available metals, you can use the Latest Rates Endpoint. Here’s an example response:

{
    "success": true,
    "timestamp": 1759892504,
    "base": "USD",
    "date": "2025-10-08",
    "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

Accessing historical exchange rates for any date since 1999 is straightforward with the Historical Rates Endpoint. Here’s an example response:

{
    "success": true,
    "timestamp": 1759806104,
    "base": "USD",
    "date": "2025-10-07",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

Time-series Endpoint

The Time-series Endpoint allows you to get exchange rates for a specific time period. Here’s an example response:

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-10-01",
    "end_date": "2025-10-08",
    "base": "USD",
    "rates": {
        "2025-10-01": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-10-03": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-10-08": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

Convert Endpoint

The Convert Endpoint allows you to convert any amount from one metal to another or to/from USD. Here’s an example response:

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1759892504,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

Fluctuation Endpoint

To track rate fluctuations between two dates, the Fluctuation Endpoint is invaluable. Here’s an example response:

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-10-01",
    "end_date": "2025-10-08",
    "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

To get OHLC data for a specific time period, you can use the following endpoint. Here’s an example response:

{
    "success": true,
    "timestamp": 1759892504,
    "base": "USD",
    "date": "2025-10-08",
    "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

To get current bid and ask prices for metals, you can use the Bid/Ask Endpoint. Here’s an example response:

{
    "success": true,
    "timestamp": 1759892504,
    "base": "USD",
    "date": "2025-10-08",
    "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 offers a robust solution for developers looking to access historical prices and real-time data for Ferro Chrome and other metals. By leveraging the capabilities of this API, businesses can enhance their decision-making processes, optimize their operations, and stay ahead of market trends. The integration of smart technologies and data analytics into the metal markets is paving the way for a more efficient and transparent industry. As we move forward, the potential for innovation and growth in this sector is immense, and the Metals-API is well-positioned to be a key player in this transformation.

For more information on the various features and capabilities of the Metals-API, be sure to check out the Metals-API Supported Symbols page and explore the extensive Metals-API Documentation for detailed implementation guidance. Embrace the future of metal markets with the power of real-time data at your fingertips.

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