Get LME Steel HRC FOB China (STEEL-HR) Price Data for Analysis using this API

Introduction

In today's rapidly evolving digital landscape, the demand for accurate and timely data is paramount, especially in the metals market. One of the most sought-after data points is the LME Steel HRC FOB China (STEEL-HR) price data. This blog post will delve into how developers can leverage the Metals-API to obtain historical prices and real-time data for STEEL-HR, enabling insightful analysis and informed decision-making.

About LME Steel HRC FOB China (STEEL-HR)

The LME Steel HRC FOB China price represents the cost of hot-rolled coil steel, a critical commodity in various industries, including construction and manufacturing. Understanding the dynamics of this market requires not only access to current pricing but also historical data that reflects trends and fluctuations over time.

Digital Transformation in Metal Markets

The metal markets are undergoing a significant digital transformation, driven by advancements in technology and data analytics. The integration of smart technologies allows for real-time tracking of prices, enabling stakeholders to make data-driven decisions. With the Metals-API, developers can access a wealth of information that can be harnessed to build applications that provide insights into market trends, helping businesses stay competitive.

Technological Innovation and Advancement

Technological innovations, such as machine learning and artificial intelligence, are reshaping how data is analyzed and interpreted in the metals market. The Metals-API provides developers with the tools needed to implement these technologies effectively. By utilizing the API, developers can create applications that not only display current prices but also analyze historical data to predict future trends.

Data Analytics and Insights

Data analytics plays a crucial role in understanding market behavior. The Metals-API offers various endpoints that allow for comprehensive data analysis. For instance, the Historical Rates Endpoint enables users to access historical price data dating back to 2019, providing a robust dataset for analysis. Developers can utilize this data to identify patterns, correlations, and anomalies that can inform strategic decisions.

Smart Technology Integration

Integrating smart technologies with real-time data can enhance operational efficiency. The Metals-API allows developers to build applications that can automatically fetch and display the latest rates, historical data, and even fluctuations in prices. This integration can lead to smarter inventory management, pricing strategies, and risk assessment.

Future Trends and Possibilities

As the metals market continues to evolve, the future holds exciting possibilities. The Metals-API is at the forefront of this evolution, providing developers with the necessary tools to adapt to changing market conditions. With features like the Time-Series Endpoint and the Fluctuation Endpoint, developers can create applications that not only react to current market conditions but also anticipate future trends.

API Description

The Metals-API is a powerful tool designed for developers looking to access real-time and historical metals data. With its user-friendly interface and comprehensive documentation, developers can quickly integrate the API into their applications. The API supports a wide range of functionalities, allowing for extensive data retrieval and analysis.

Key Features and Endpoints

The Metals-API offers a variety of endpoints, each designed to meet specific data needs:

• Latest Rates Endpoint: This endpoint provides real-time exchange rate data for metals, updated based on your subscription plan. Depending on the plan, updates can occur every 60 minutes or even every 10 minutes, ensuring that users have access to the most current pricing.
• Historical Rates Endpoint: Users can access historical rates for most metals dating back to 2019. By appending a specific date to the API request, developers can retrieve past pricing data, which is essential for trend analysis.
• Bid and Ask Endpoint: This feature allows users to retrieve real-time bid and ask prices for various metals, providing insights into market liquidity and pricing dynamics.
• Convert Endpoint: The Metals-API includes a currency conversion endpoint, enabling users to convert amounts between different metals or to/from USD, facilitating easier financial calculations.
• Time-Series Endpoint: This endpoint allows users to query daily historical rates between two specified dates, making it easier to analyze price movements over time.
• Fluctuation Endpoint: Users can track how metal prices fluctuate on a day-to-day basis, providing insights into market volatility and trends.
• Carat Endpoint: This feature provides information about gold rates by carat, which is particularly useful for jewelers and investors in precious metals.
• Lowest/Highest Price Endpoint: This endpoint allows users to query the API for the lowest and highest prices for a specified date, helping to identify price extremes.
• Open/High/Low/Close (OHLC) Price Endpoint: Users can retrieve open, high, low, and close prices for a specific date, which is crucial for technical analysis.
• Historical LME Endpoint: This endpoint provides access to historical rates for LME symbols dating back to 2008, offering a long-term view of price trends.
• API Key: Each user is provided with a unique API key that must be included in requests to authenticate access to the API.
• API Response: The API delivers exchange rates relative to USD by default, ensuring consistency in data interpretation.
• Available Endpoints: The Metals-API features a constantly updated list of available endpoints, ensuring that developers have access to the latest functionalities.
• Supported Symbols Endpoint: This endpoint returns all available metal symbols, allowing developers to easily identify which metals they can query.
• Gold Price India Endpoint: Users can retrieve the latest gold price in India using this dedicated endpoint, which is particularly useful for regional analysis.
• News Endpoint: The Metals-API provides access to the latest news articles related to various metals, keeping users informed about market developments.

API Endpoint Examples and Responses

Latest Rates Endpoint

The Latest Rates Endpoint allows users to get real-time exchange rates for all available metals. Here’s an example response:

{
    "success": true,
    "timestamp": 1750456814,
    "base": "USD",
    "date": "2025-06-20",
    "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"
}

In this response, the rates object contains the current prices for various metals, with the base currency set to USD.

Historical Rates Endpoint

The Historical Rates Endpoint provides access to historical exchange rates for any date since 1999. Here’s an example response:

{
    "success": true,
    "timestamp": 1750370414,
    "base": "USD",
    "date": "2025-06-19",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

This response shows the historical prices for selected metals on a specific date, allowing for detailed analysis of past market behavior.

Time-Series Endpoint

The Time-Series Endpoint allows users to retrieve exchange rates for a specific time period. Here’s an example response:

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-06-13",
    "end_date": "2025-06-20",
    "base": "USD",
    "rates": {
        "2025-06-13": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-06-15": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-06-20": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

This endpoint is particularly useful for analyzing trends over time, as it provides daily rates for the specified period.

Convert Endpoint

The Convert Endpoint allows users 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": 1750456814,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

This response indicates the conversion of 1000 USD to gold (XAU), providing both the rate and the result in troy ounces.

Fluctuation Endpoint

The Fluctuation Endpoint tracks rate fluctuations between two dates. Here’s an example response:

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-06-13",
    "end_date": "2025-06-20",
    "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"
}

This endpoint provides valuable insights into how prices have changed over a specified period, allowing for better market predictions.

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

The OHLC Price Endpoint provides open, high, low, and close prices for a specific time period. Here’s an example response:

{
    "success": true,
    "timestamp": 1750456814,
    "base": "USD",
    "date": "2025-06-20",
    "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"
}

This response is essential for traders and analysts who rely on OHLC data for technical analysis and trading strategies.

Bid/Ask Endpoint

The Bid/Ask Endpoint provides current bid and ask prices for metals. Here’s an example response:

{
    "success": true,
    "timestamp": 1750456814,
    "base": "USD",
    "date": "2025-06-20",
    "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"
}

This endpoint is crucial for traders looking to understand market conditions and make informed trading decisions based on current bid and ask prices.

Conclusion

The Metals-API is an invaluable resource for developers seeking to access real-time and historical data for metals, including the LME Steel HRC FOB China (STEEL-HR) price data. By leveraging the various endpoints offered by the API, developers can create applications that provide critical insights into market trends, enabling businesses to make informed decisions.

With features such as the Latest Rates Endpoint, Historical Rates Endpoint, and Time-Series Endpoint, the API empowers developers to build next-generation applications that can analyze and interpret complex data sets. As the metals market continues to evolve, the ability to access and analyze data in real-time will be essential for staying competitive.

For more information on how to implement the Metals-API in your projects, refer to the Metals-API Documentation. To explore the full range of supported symbols, visit the Metals-API Supported Symbols page. Start harnessing the power of real-time metals data today by visiting the Metals-API Website.