Get Mild Steel Plate China Spot (MSP-CH) market analysis using this API

Get Mild Steel Plate China Spot (MSP-CH) Market Analysis Using This API

The world of metals trading is evolving rapidly, driven by digital transformation and technological advancements. One of the most significant players in this space is the Metals-API, which provides real-time data and analytics for various metals, including the Mild Steel Plate China Spot (MSP-CH) market. This blog post will delve into the capabilities of the Metals-API, focusing on how it empowers developers to build next-generation applications that can analyze and interpret the MSP-CH market effectively.

Understanding the Mild Steel Plate China Spot (MSP-CH) Market

The MSP-CH market is a critical component of the global metals industry, reflecting the demand and supply dynamics of mild steel plates in China. As one of the largest producers and consumers of steel, China plays a pivotal role in determining global prices and trends. The MSP-CH market is influenced by various factors, including economic growth, infrastructure development, and international trade policies.

With the advent of smart technology integration and data analytics, stakeholders in the metals market can now leverage real-time data to make informed decisions. The Metals-API serves as a bridge between raw data and actionable insights, enabling users to track price fluctuations, historical trends, and market forecasts.

Metals-API Information

About Tellurium (TE)

While our primary focus is on the MSP-CH market, it's essential to understand the broader context of metals trading. Tellurium (TE) is a lesser-known metal that has gained attention due to its applications in renewable energy technologies, particularly in solar panels. The digital transformation in metal markets has led to increased interest in such niche metals, as technological innovation drives demand for new materials.

As the industry evolves, data analytics and insights become crucial for understanding market dynamics. The integration of smart technologies allows for real-time monitoring of metal prices, enabling stakeholders to respond swiftly to market changes. Future trends suggest that as more industries adopt advanced technologies, the demand for comprehensive data solutions like the Metals-API will continue to grow.

API Description

The Metals-API is a powerful tool designed for developers looking to harness the potential of real-time metals data. With its robust capabilities, the API allows users to access a wealth of information about various metals, including pricing, historical data, and market trends. The API is built with innovation in mind, providing developers with the tools they need to create applications that can analyze and visualize metal market data effectively.

For more detailed information, you can refer to the Metals-API Documentation, which outlines the various features and capabilities of the API.

Key Features and Endpoints

The Metals-API offers a variety of endpoints that cater to different data needs. Here are some of the key features:

• Latest Rates Endpoint: This endpoint provides real-time exchange rate data for metals, updated based on your subscription plan. Users can access the latest prices for metals like XAU (Gold), XAG (Silver), and more.
• Historical Rates Endpoint: Users can query historical rates dating back to 2019, allowing for in-depth analysis of price trends over time.
• Bid and Ask Endpoint: This feature enables users to retrieve real-time bid and ask prices for various metals, providing insights into market liquidity.
• Convert Endpoint: The API includes a currency conversion feature, allowing users to convert amounts between different metals and currencies.
• Time-Series Endpoint: This endpoint allows users to query daily historical rates between two specified dates, facilitating trend analysis.
• Fluctuation Endpoint: Users can track how metal prices fluctuate over time, providing insights into market volatility.
• Carat Endpoint: This feature provides information about gold rates by carat, catering to jewelers and consumers alike.
• Lowest/Highest Price Endpoint: Users can query the API to find the lowest and highest prices for metals over a specified period.
• Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides open, high, low, and close prices for metals, essential for technical analysis.
• Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, useful for long-term market analysis.
• News Endpoint: Retrieve the latest news articles related to various metals, keeping users informed about market developments.

API Endpoint Examples and Responses

To illustrate the capabilities of the Metals-API, let's explore some example responses for key endpoints:

Latest Rates Endpoint

Get real-time exchange rates for all available metals:

{
"success": true,
"timestamp": 1770941420,
"base": "USD",
"date": "2026-02-13",
"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": 1770855020,
"base": "USD",
"date": "2026-02-12",
"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": "2026-02-06",
"end_date": "2026-02-13",
"base": "USD",
"rates": {
"2026-02-06": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2026-02-08": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2026-02-13": {
"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": 1770941420,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}

Fluctuation Endpoint

Track rate fluctuations between two dates:

{
"success": true,
"fluctuation": true,
"start_date": "2026-02-06",
"end_date": "2026-02-13",
"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": 1770941420,
"base": "USD",
"date": "2026-02-13",
"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": 1770941420,
"base": "USD",
"date": "2026-02-13",
"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

The Metals-API is a transformative tool for developers looking to harness the power of real-time metals data. By providing access to a wide range of endpoints, including the latest rates, historical data, and fluctuation tracking, the API enables users to gain valuable insights into the Mild Steel Plate China Spot (MSP-CH) market and beyond. As the metals industry continues to evolve, leveraging such innovative technologies will be crucial for staying ahead in a competitive landscape.

For more information about the features and capabilities of the Metals-API, visit the Metals-API Website and explore the Metals-API Supported Symbols for a comprehensive list of available metals.