Get US Midwest Domestic Hot-Rolled Coil Steel (US-HRC) Historical Prices with Metals-API

Get US Midwest Domestic Hot-Rolled Coil Steel (US-HRC) Historical Prices with Metals-API

Metals-API offers a robust solution. This blog post will delve into the capabilities of Metals-API, focusing on how to retrieve historical prices and other valuable data related to metals.

Understanding Metals-API

About US-HRC and Its Importance

Metals-API Documentation, developers can seamlessly integrate historical price data into their applications.

Accessing Historical Prices with Metals-API

Example of Historical Rates Endpoint

{
    "success": true,
    "timestamp": 1744419759,
    "base": "USD",
    "date": "2025-04-12",
    "rates": {
        "US-HRC": 0.000485
    },
    "unit": "per ton"
}

Key Features of Metals-API

• Latest Rates Endpoint: This endpoint provides real-time exchange rate data for metals, updated every 60 minutes, 10 minutes, or even more frequently, depending on the subscription plan.
• Bid and Ask Endpoint: Retrieve real-time bid and ask prices for metals, allowing traders to make informed decisions based on current market conditions.
• Convert Endpoint: This feature enables users to convert any amount from one metal to another or to/from USD, facilitating seamless transactions.
• Time-Series Endpoint: Users can query the API for daily historical rates between two dates of their choice, providing a comprehensive view of price trends over time.
• Fluctuation Endpoint: Track how metal prices fluctuate on a day-to-day basis, offering insights into market volatility.
• Open/High/Low/Close (OHLC) Price Endpoint: Access detailed OHLC data for specific time periods, essential for technical analysis.
• Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, providing a long-term view of market trends.
• News Endpoint: Retrieve the latest news articles related to various metals, keeping users informed about market developments.

Detailed API Endpoint Documentation

Latest Rates Endpoint

{
    "success": true,
    "timestamp": 1744506159,
    "base": "USD",
    "date": "2025-04-13",
    "rates": {
        "US-HRC": 0.000482
    },
    "unit": "per ton"
}

Time-Series Endpoint

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-04-06",
    "end_date": "2025-04-13",
    "base": "USD",
    "rates": {
        "2025-04-06": {
            "US-HRC": 0.000485
        },
        "2025-04-08": {
            "US-HRC": 0.000483
        },
        "2025-04-13": {
            "US-HRC": 0.000482
        }
    },
    "unit": "per ton"
}

Fluctuation Endpoint

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-04-06",
    "end_date": "2025-04-13",
    "base": "USD",
    "rates": {
        "US-HRC": {
            "start_rate": 0.000485,
            "end_rate": 0.000482,
            "change": -0.000003,
            "change_pct": -0.62
        }
    },
    "unit": "per ton"
}

Common Use Cases for Metals-API

• Market Analysis Tools: Build applications that analyze historical price trends and provide insights for traders and investors.
• Automated Trading Systems: Integrate real-time pricing data into trading algorithms to execute trades based on market conditions.
• Financial Reporting: Use historical data to generate reports for financial analysis and forecasting.
• Supply Chain Management: Monitor metal prices to optimize procurement strategies and manage inventory costs.

Performance Optimization and Security Considerations

Conclusion

Metals-API Documentation, check the Metals-API Supported Symbols, and visit the Metals-API Website to get started with integrating this powerful tool into your applications.