Get Accurate Steel Billet China Spot (STB-CH) Prices in Multiple Currencies with this API
In today's fast-paced financial landscape, having access to accurate and real-time data is crucial for businesses operating in the metals market. The Metals-API provides an innovative solution for obtaining precise steel billet prices in multiple currencies, including the popular China Spot (STB-CH) prices. This blog post will delve into how Metals-API empowers developers to access and utilize these prices effectively, along with examples and potential business applications.
Understanding Metals-API
Metals-API is a powerful JSON API that offers real-time and historical data for various metals, including steel billets. It serves as a bridge between developers and the complex world of metal pricing, enabling businesses to make informed decisions based on accurate data. The API supports multiple currencies, allowing users to convert prices seamlessly and access data in their preferred currency.
Digital Transformation in Metal Markets
The metals market is undergoing a significant digital transformation, driven by technological advancements and the increasing demand for data analytics. Metals-API plays a pivotal role in this transformation by providing developers with the tools they need to integrate real-time metal pricing into their applications. This capability not only enhances operational efficiency but also allows businesses to respond swiftly to market changes.
Technological Innovation and Advancement
Metals-API leverages cutting-edge technology to deliver accurate pricing data. With features like the Latest Rates Endpoint, businesses can access real-time exchange rate data updated every 60 minutes, every 10 minutes, or even more frequently, depending on their subscription plan. This level of accessibility ensures that users are always equipped with the most current information, enabling them to make timely decisions.
Data Analytics and Insights
Data analytics is at the heart of Metals-API's offerings. By utilizing the Historical Rates Endpoint, users can access historical exchange rates dating back to 2019. This feature allows businesses to analyze trends over time, identify patterns, and make data-driven predictions about future price movements. For instance, a company looking to purchase steel billets can analyze past prices to determine the best time to buy, potentially saving significant costs.
Smart Technology Integration
Integrating Metals-API into existing systems is straightforward, thanks to its well-documented API. Developers can easily implement features such as the Convert Endpoint, which allows for seamless currency conversion. For example, a business operating in Europe can convert steel billet prices from USD to EUR effortlessly, ensuring accurate financial planning and budgeting.
Future Trends and Possibilities
As the demand for real-time data continues to grow, the future of the metals market will likely see even more integration of smart technologies. Metals-API is poised to lead this charge, offering new features and enhancements that cater to the evolving needs of businesses. The API's commitment to innovation ensures that users will always have access to the latest tools and functionalities.
Key Features of Metals-API
Metals-API boasts a range of features that cater to various business needs. Here are some of the key functionalities:
- Latest Rates Endpoint: Provides real-time exchange rate data for metals, allowing businesses to stay updated on current prices.
- Historical Rates Endpoint: Access historical rates for most currencies dating back to 2019, enabling trend analysis and forecasting.
- Bid and Ask Endpoint: Retrieve real-time bid and ask prices, which are essential for trading and investment decisions.
- Convert Endpoint: Convert any amount from one currency to another, facilitating international transactions.
- Time-Series Endpoint: Query daily historical rates between two dates, perfect for detailed analysis.
- Fluctuation Endpoint: Track how currencies fluctuate on a day-to-day basis, providing insights into market volatility.
- Carat Endpoint: Retrieve information about gold rates by carat, useful for jewelers and investors.
- Lowest/Highest Price Endpoint: Get the lowest and highest prices for a specified date, aiding in market analysis.
- Open/High/Low/Close (OHLC) Price Endpoint: Access open, high, low, and close prices for a specific time period, essential for traders.
- Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, valuable for long-term analysis.
- API Key: A unique key required for accessing the API, ensuring secure and authorized usage.
- API Response: Exchange rates are delivered relative to USD by default, simplifying data interpretation.
- Available Endpoints: The API includes 14 endpoints, each providing distinct functionalities for various needs.
- Supported Symbols Endpoint: A constantly updated endpoint returning all available currencies and metals.
- News Endpoint: Retrieve the latest news articles related to various metals, keeping users informed about market trends.
API Endpoint Examples and Responses
Understanding how to interact with the Metals-API is crucial for developers. Below are examples of various endpoints and their corresponding JSON responses.
Latest Rates Endpoint
This endpoint provides real-time exchange rates for all available metals. Here’s an example response:
{
"success": true,
"timestamp": 1769905350,
"base": "USD",
"date": "2026-02-01",
"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. Here’s an example response:
{
"success": true,
"timestamp": 1769818950,
"base": "USD",
"date": "2026-01-31",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}
Time-Series Endpoint
This endpoint allows users to get exchange rates for a specific time period. Here’s an example response:
{
"success": true,
"timeseries": true,
"start_date": "2026-01-25",
"end_date": "2026-02-01",
"base": "USD",
"rates": {
"2026-01-25": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2026-01-27": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2026-02-01": {
"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. Here’s an example response:
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1769905350,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
Fluctuation Endpoint
Track rate fluctuations between two dates. Here’s an example response:
{
"success": true,
"fluctuation": true,
"start_date": "2026-01-25",
"end_date": "2026-02-01",
"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. Here’s an example response:
{
"success": true,
"timestamp": 1769905350,
"base": "USD",
"date": "2026-02-01",
"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. Here’s an example response:
{
"success": true,
"timestamp": 1769905350,
"base": "USD",
"date": "2026-02-01",
"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, Metals-API is a transformative tool for businesses in the metals market, providing accurate steel billet prices in multiple currencies, including China Spot (STB-CH) prices. With its extensive range of features, including real-time data access, historical analysis, and seamless currency conversion, the API empowers developers to create innovative applications that meet the demands of today's market. By leveraging the capabilities of Metals-API, businesses can enhance their decision-making processes, optimize their operations, and stay ahead of the competition.
For more information on how to implement these features, refer to the Metals-API Documentation. To explore the full list of supported symbols, visit the Metals-API Supported Symbols page. For additional resources and to get started with the API, check out the Metals-API Website.