How to effectively get Ferro Chrome (FE-CR) prices using this API
Introduction
In today's rapidly evolving digital landscape, the demand for accurate and real-time data in the metals market has never been more critical. For developers looking to integrate reliable pricing information for Ferro Chrome (FE-CR), the Metals-API offers a robust solution. This blog post will explore how to effectively retrieve Ferro Chrome prices using this API, delving into its features, capabilities, and the transformative potential of real-time metals data.
Metals-API Information
About Ferro Chrome (FE-CR)
Ferro Chrome, represented by the symbol FE-CR, is an essential alloy used primarily in the production of stainless steel. As industries increasingly embrace digital transformation, the need for accurate pricing data has become paramount. The integration of technological innovations and advancements in data analytics has enabled businesses to make informed decisions based on real-time market insights.
With the rise of smart technology, the Ferro Chrome market is witnessing a shift towards more efficient trading practices. The ability to access real-time pricing data empowers developers to create applications that can analyze market trends, forecast price fluctuations, and optimize trading strategies. As we look to the future, the possibilities for integrating advanced data analytics into the Ferro Chrome market are vast, paving the way for smarter, more responsive trading environments.
API Description
The Metals-API is a powerful tool designed to provide developers with access to real-time and historical metal prices, including Ferro Chrome. This API stands out due to its innovative capabilities, allowing users to build next-generation applications that leverage real-time data for various purposes.
One of the key features of the Metals-API is its ability to deliver real-time exchange rate data, updated at intervals based on the user's subscription plan. This ensures that developers have access to the most current pricing information, which is crucial for making timely trading decisions. Furthermore, the API supports a wide range of endpoints, each designed to cater to specific data retrieval needs, from historical rates to bid and ask prices.
Key Features and Endpoints
The Metals-API offers a comprehensive suite of endpoints that provide various functionalities tailored to meet the needs of developers. Here are some of the most significant features:
Latest Rates Endpoint
The Latest Rates Endpoint allows users to retrieve real-time exchange rate data for Ferro Chrome and other metals. Depending on the subscription plan, this endpoint can return data updated every 60 minutes, every 10 minutes, or even more frequently. This feature is essential for developers looking to integrate live pricing into their applications.
{
"success": true,
"timestamp": 1771114361,
"base": "USD",
"date": "2026-02-15",
"rates": {
"FE-CR": 0.000482
},
"unit": "per metric ton"
}
Historical Rates Endpoint
For developers needing to analyze past pricing trends, the Historical Rates Endpoint provides access to historical rates dating back to 2019. By appending a specific date to the API request, users can obtain historical pricing data, which is invaluable for market analysis and forecasting.
{
"success": true,
"timestamp": 1771027961,
"base": "USD",
"date": "2026-02-14",
"rates": {
"FE-CR": 0.000485
},
"unit": "per metric ton"
}
Bid And Ask Endpoint
The Bid and Ask Endpoint is a powerful feature that enables developers to retrieve real-time bid and ask prices for Ferro Chrome. This information is crucial for traders looking to make informed decisions based on current market conditions.
{
"success": true,
"timestamp": 1771114361,
"base": "USD",
"date": "2026-02-15",
"rates": {
"FE-CR": {
"bid": 0.000481,
"ask": 0.000483,
"spread": 2.0e-6
}
},
"unit": "per metric ton"
}
Convert Endpoint
The Convert Endpoint allows users to convert any amount from one metal to another or to/from USD. This feature is particularly useful for applications that require currency conversion for pricing calculations.
{
"success": true,
"query": {
"from": "USD",
"to": "FE-CR",
"amount": 1000
},
"info": {
"timestamp": 1771114361,
"rate": 0.000482
},
"result": 0.482,
"unit": "metric tons"
}
Time-Series Endpoint
The Time-Series Endpoint allows developers to query the API for daily historical rates between two specified dates. This feature is essential for analyzing trends over time and understanding market dynamics.
{
"success": true,
"timeseries": true,
"start_date": "2026-02-08",
"end_date": "2026-02-15",
"base": "USD",
"rates": {
"2026-02-08": {
"FE-CR": 0.000485
},
"2026-02-10": {
"FE-CR": 0.000483
},
"2026-02-15": {
"FE-CR": 0.000482
}
},
"unit": "per metric ton"
}
Fluctuation Endpoint
The Fluctuation Endpoint provides information about how prices fluctuate on a day-to-day basis. This feature is invaluable for traders looking to understand market volatility and make informed decisions based on price changes.
{
"success": true,
"fluctuation": true,
"start_date": "2026-02-08",
"end_date": "2026-02-15",
"base": "USD",
"rates": {
"FE-CR": {
"start_rate": 0.000485,
"end_rate": 0.000482,
"change": -3.0e-6,
"change_pct": -0.62
}
},
"unit": "per metric ton"
}
Open/High/Low/Close (OHLC) Price Endpoint
The OHLC Price Endpoint allows users to retrieve the open, high, low, and close prices for Ferro Chrome over a specified time period. This data is crucial for traders looking to analyze market performance and make strategic decisions.
{
"success": true,
"timestamp": 1771114361,
"base": "USD",
"date": "2026-02-15",
"rates": {
"FE-CR": {
"open": 0.000485,
"high": 0.000487,
"low": 0.000481,
"close": 0.000482
}
},
"unit": "per metric ton"
}
Historical LME Endpoint
The Historical LME Endpoint provides access to historical rates for LME symbols, dating back to 2008. This endpoint is particularly useful for developers looking to analyze long-term trends in the Ferro Chrome market.
{
"success": true,
"timestamp": 1771027961,
"base": "USD",
"date": "2026-02-14",
"rates": {
"FE-CR": 0.000485
},
"unit": "per metric ton"
}
API Key and Response
To access the Metals-API, developers must use an API Key, which is a unique identifier passed into the API base URL's access_key parameter. This key is essential for authentication and authorization, ensuring that only authorized users can access the data.
All exchange rates delivered by the Metals-API are relative to USD by default, providing a consistent base for comparison. The API returns data in JSON format, making it easy to integrate into various 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 range of metals available through the API.
Conclusion
In conclusion, the Metals-API offers a powerful and flexible solution for developers seeking to access real-time and historical pricing data for Ferro Chrome and other metals. With its extensive range of endpoints, the API empowers users to build sophisticated applications that leverage real-time data for informed decision-making. As the metals market continues to evolve, the integration of advanced data analytics and smart technology will play a crucial role in shaping the future of trading.
For more information on how to get started with the Metals-API, explore the Metals-API Documentation, which provides comprehensive guidance on using the API effectively. By leveraging the capabilities of the Metals-API, developers can unlock new opportunities in the dynamic world of metals trading.