Programmatically access LME Steel Scrap CFR Turkey (STEEL-SC) prices using this API
Programmatically Access LME Steel Scrap CFR Turkey (STEEL-SC) Prices Using This API
In today's rapidly evolving digital landscape, the ability to programmatically access real-time data is crucial for developers and businesses alike. One such valuable resource is the LME Steel Scrap CFR Turkey (STEEL-SC) prices, which can be accessed through the Metals-API. This API not only provides real-time pricing data but also empowers developers to create innovative applications that leverage this information for various use cases, from market analysis to automated trading systems.
Metals-API Information
About LME Steel Scrap CFR Turkey (STEEL-SC)
The LME Steel Scrap CFR Turkey prices are a vital indicator in the global metals market, reflecting the cost of steel scrap delivered to Turkey. As the demand for steel continues to rise, understanding the dynamics of this market is essential for stakeholders. The digital transformation in metal markets has led to a significant shift towards data-driven decision-making, where technological innovation plays a pivotal role.
With advancements in data analytics and smart technology integration, businesses can now gain insights into market trends and fluctuations. The Metals-API facilitates this by providing real-time data that can be utilized to forecast future trends, assess market conditions, and make informed decisions. As we look to the future, the potential for integrating such APIs into various applications is immense, paving the way for smarter, more efficient market operations.
API Description
The Metals-API is a powerful tool designed for developers seeking to access comprehensive metals pricing data. It offers a range of capabilities that enable the creation of next-generation applications. By leveraging real-time metals data, developers can build solutions that enhance market analysis, automate trading strategies, and provide valuable insights into price movements.
One of the key features of the Metals-API is its ability to deliver data in a structured format, making it easy for developers to integrate into their applications. The API supports various endpoints, each tailored to specific functionalities, such as retrieving the latest rates, historical data, and even fluctuations over time. For detailed documentation on how to implement these features, developers can refer to the Metals-API Documentation.
Key Features and Endpoints
The Metals-API offers a variety of endpoints that cater to different needs. Hereβs a closer look at some of the most significant features:
- Latest Rates Endpoint: Depending on your subscription plan, this endpoint provides real-time exchange rate data updated every 60 minutes, every 10 minutes, or even more frequently. This is crucial for applications that require up-to-the-minute pricing information.
- Historical Rates Endpoint: Access historical rates dating back to 2019. By appending a specific date to your query, you can retrieve past pricing data, which is essential for trend analysis and forecasting.
- Bid And Ask Endpoint: This feature allows you to retrieve real-time bid and ask prices, providing insights into market liquidity and pricing dynamics.
- Convert Endpoint: The API includes a currency conversion feature, enabling users to convert amounts between different metals or to/from USD, which is particularly useful for financial applications.
- Time-Series Endpoint: Query the API for daily historical rates between two selected dates. This endpoint is invaluable for analyzing price trends over specific periods.
- Fluctuation Endpoint: Track how prices fluctuate on a day-to-day basis, allowing for a deeper understanding of market volatility.
- Carat Endpoint: Retrieve information about gold rates by carat, which is essential for jewelers and gold traders.
- Lowest/Highest Price Endpoint: This endpoint allows you to query the API to get the lowest and highest prices for a specified date, aiding in market analysis.
- Open/High/Low/Close (OHLC) Price Endpoint: Get detailed OHLC data for a specific time period, which is crucial for technical analysis.
- Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, providing a long-term view of market trends.
- API Key: Your unique API key is required to access the API, ensuring secure and authenticated requests.
- API Response: The API delivers exchange rates relative to USD by default, with all data returned in a structured JSON format.
- Available Endpoints: The Metals-API includes 14 endpoints, each offering distinct functionalities to cater to various user needs.
- Supported Symbols Endpoint: This endpoint provides a constantly updated list of all available currencies and metals, ensuring users have access to the latest information.
- News Endpoint: Retrieve the latest news articles related to various metals, keeping you informed about market developments.
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.
API Endpoint Examples and Responses
Latest Rates Endpoint
Get real-time exchange rates for all available metals.
{
"success": true,
"timestamp": 1769044223,
"base": "USD",
"date": "2026-01-22",
"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": 1768957823,
"base": "USD",
"date": "2026-01-21",
"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": "2026-01-15",
"end_date": "2026-01-22",
"base": "USD",
"rates": {
"2026-01-15": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2026-01-17": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2026-01-22": {
"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": 1769044223,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
Fluctuation Endpoint
Track rate fluctuations between two dates.
{
"success": true,
"fluctuation": true,
"start_date": "2026-01-15",
"end_date": "2026-01-22",
"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) Endpoint
Get OHLC data for a specific time period.
{
"success": true,
"timestamp": 1769044223,
"base": "USD",
"date": "2026-01-22",
"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": 1769044223,
"base": "USD",
"date": "2026-01-22",
"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 provides a robust framework for developers looking to access real-time and historical data on metals, including the LME Steel Scrap CFR Turkey prices. By utilizing the various endpoints available, developers can create applications that not only track market trends but also analyze fluctuations and convert between different metals and currencies. The potential applications are vast, ranging from financial analysis tools to automated trading systems.
As the metals market continues to evolve, staying informed and leveraging real-time data will be crucial for success. For more information on how to get started with the Metals-API, visit the Metals-API Website and explore the Metals-API Documentation for detailed guidance on implementation. Don't forget to check the Metals-API Supported Symbols page to familiarize yourself with the available metal symbols.