Get US Steel Coil Futures (STEEL-US) prices using this API

Get US Steel Coil Futures (STEEL-US) Prices Using This API

In the ever-evolving landscape of metal markets, the ability to access real-time data is crucial for developers and businesses alike. The Metals-API provides a robust solution for obtaining the latest prices and historical data for various metals, including US Steel Coil Futures (STEEL-US). This blog post will delve into the capabilities of the Metals-API, exploring its features, endpoints, and the transformative potential it holds for developers looking to integrate metal pricing data into their applications.

Metals-API Information

The Metals-API is designed to facilitate seamless access to real-time and historical metal prices. With a focus on technological innovation and data analytics, this API empowers developers to create applications that can respond to market changes with agility. By leveraging smart technology integration, the Metals-API allows users to harness data insights that can drive decision-making processes in the metal trading industry.

About US Steel Coil Futures (STEEL-US)

US Steel Coil Futures represent a significant segment of the metal markets, reflecting the price of steel coils traded on exchanges. The demand for steel is influenced by various factors, including construction, automotive manufacturing, and industrial applications. As industries continue to digitize and embrace data-driven strategies, having access to real-time pricing data for steel becomes increasingly important. The Metals-API provides developers with the tools necessary to integrate this data into their platforms, enabling them to build applications that can track price fluctuations, analyze trends, and make informed trading decisions.

API Description

The Metals-API Website offers a comprehensive suite of features that cater to the needs of developers. The API is designed to deliver real-time data, historical rates, and various endpoints that can be utilized for different applications. Whether you are looking to track the latest prices, analyze historical trends, or convert between different metal values, the Metals-API provides the necessary functionality.

Key Features and Endpoints

The Metals-API includes several key features that enhance its usability and functionality:

Latest Rates Endpoint

The Latest Rates Endpoint is a powerful feature that provides real-time exchange rate data for metals. Depending on your subscription plan, this endpoint can return data updated every 60 minutes, every 10 minutes, or even more frequently. This allows developers to ensure their applications reflect the most current market conditions.

{
        "success": true,
        "timestamp": 1743469262,
        "base": "USD",
        "date": "2025-04-01",
        "rates": {
            "STEEL-US": 0.000482
        },
        "unit": "per ton"
    }

Historical Rates Endpoint

Accessing historical rates is crucial for trend analysis and forecasting. The Historical Rates Endpoint allows developers to query historical data dating back to 2019. By appending a specific date to the API request, users can retrieve past prices and analyze market movements over time.

{
        "success": true,
        "timestamp": 1743382862,
        "base": "USD",
        "date": "2025-03-31",
        "rates": {
            "STEEL-US": 0.000485
        },
        "unit": "per ton"
    }

Bid And Ask Endpoint

The Bid and Ask Endpoint provides real-time bid and ask prices for metals, offering insights into market liquidity and pricing dynamics. This feature is particularly useful for traders looking to make informed decisions based on current market conditions.

{
        "success": true,
        "timestamp": 1743469262,
        "base": "USD",
        "date": "2025-04-01",
        "rates": {
            "STEEL-US": {
                "bid": 0.000481,
                "ask": 0.000483,
                "spread": 2.0e-6
            }
        },
        "unit": "per ton"
    }

Convert Endpoint

The Convert Endpoint allows users to convert any amount from one metal to another or to/from USD. This is particularly useful for applications that require dynamic pricing based on different currencies or metal types.

{
        "success": true,
        "query": {
            "from": "USD",
            "to": "STEEL-US",
            "amount": 1000
        },
        "info": {
            "timestamp": 1743469262,
            "rate": 0.000482
        },
        "result": 0.482,
        "unit": "tons"
    }

Time-Series Endpoint

The Time-Series Endpoint enables developers to query the API for daily historical rates between two dates of their choice. This feature is essential for analyzing trends over specific periods and can be used to generate reports or visualizations.

{
        "success": true,
        "timeseries": true,
        "start_date": "2025-03-25",
        "end_date": "2025-04-01",
        "base": "USD",
        "rates": {
            "2025-03-25": {
                "STEEL-US": 0.000485
            },
            "2025-04-01": {
                "STEEL-US": 0.000482
            }
        },
        "unit": "per ton"
    }

Fluctuation Endpoint

The Fluctuation Endpoint allows users to track how prices fluctuate between two dates. This is particularly useful for understanding market volatility and making strategic decisions based on price movements.

{
        "success": true,
        "fluctuation": true,
        "start_date": "2025-03-25",
        "end_date": "2025-04-01",
        "base": "USD",
        "rates": {
            "STEEL-US": {
                "start_rate": 0.000485,
                "end_rate": 0.000482,
                "change": -0.000003,
                "change_pct": -0.62
            }
        },
        "unit": "per ton"
    }

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

The OHLC Price Endpoint provides detailed price information for a specific time period, including the opening, highest, lowest, and closing prices. This data is crucial for traders looking to analyze market performance over time.

{
        "success": true,
        "timestamp": 1743469262,
        "base": "USD",
        "date": "2025-04-01",
        "rates": {
            "STEEL-US": {
                "open": 0.000485,
                "high": 0.000487,
                "low": 0.000481,
                "close": 0.000482
            }
        },
        "unit": "per ton"
    }

Historical LME Endpoint

The Historical LME Endpoint provides access to historical rates for LME symbols dating back to 2008. This is particularly useful for developers working with LME data and needing historical context for their applications.

List of Symbols

The Metals-API provides access to a comprehensive range of metal symbols. For a complete list of all supported symbols and their specifications, refer to the Metals-API Supported Symbols page. This resource is invaluable for developers looking to understand the full scope of available data.

Conclusion

In conclusion, the Metals-API offers a powerful and flexible solution for accessing real-time and historical metal pricing data, including US Steel Coil Futures (STEEL-US). With its extensive range of endpoints and features, developers can create applications that not only track prices but also analyze trends, convert values, and understand market fluctuations. By leveraging the capabilities of the Metals-API, businesses can enhance their decision-making processes and stay ahead in the competitive metal markets. For more information, visit the Metals-API Documentation to explore the full range of functionalities available.