Retrieve Ferro Chrome (FE-CR) prices easily with this API

Retrieve Ferro Chrome (FE-CR) Prices Easily with this API

In the rapidly evolving landscape of metal markets, the ability to access real-time data is crucial for developers and businesses alike. Ferro Chrome (FE-CR) is a vital alloy in the production of stainless steel, and understanding its pricing dynamics is essential for stakeholders in the industry. With the Metals-API, retrieving Ferro Chrome prices has never been easier. This blog post will delve into the intricacies of Ferro Chrome, its markets, and how the Metals-API empowers developers to harness real-time metals data effectively.

About Ferro Chrome (FE-CR)

Ferro Chrome is an essential ingredient in the production of stainless steel, accounting for a significant portion of its composition. As industries worldwide push for digital transformation, the metal markets are no exception. The integration of technological innovations and advancements in data analytics has revolutionized how stakeholders interact with market data. With the rise of smart technology, the demand for accurate and timely information has surged, making APIs like Metals-API indispensable.

As we look towards the future, the trends in Ferro Chrome pricing will likely be influenced by various factors, including global demand for stainless steel, production costs, and geopolitical events. The ability to analyze these trends through real-time data can provide businesses with a competitive edge, allowing them to make informed decisions based on accurate insights.

Understanding the Metals-API

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 is built on the principles of innovation and technological advancement, enabling users to create next-generation applications that leverage real-time metals data. By utilizing the Metals-API, developers can integrate comprehensive pricing information into their applications, enhancing user experience and decision-making processes.

The API offers a variety of endpoints, each tailored to meet specific needs. For instance, the Latest Rates Endpoint provides real-time exchange rate data, while the Historical Rates Endpoint allows users to access pricing information dating back to 2019. This flexibility empowers developers to create applications that cater to various use cases, from financial analysis to market forecasting.

Key Features of the Metals-API

The Metals-API boasts a range of features that make it a valuable resource for developers working with metal pricing data. Here are some of the key endpoints and their functionalities:

• Latest Rates Endpoint: Depending on your subscription plan, this endpoint returns real-time exchange rate data updated every 60 minutes, every 10 minutes, or even more frequently. This ensures that users have access to the most current pricing information available.
• Historical Rates Endpoint: Users can query historical rates for most currencies dating back to 2019 by appending a specific date to the API request. This feature is invaluable for conducting trend analysis and understanding past market behaviors.
• Bid And Ask Endpoint: This powerful feature allows users to retrieve real-time Bid and Ask prices, providing insights into market liquidity and pricing dynamics.
• Convert Endpoint: The Metals-API includes a dedicated currency conversion endpoint, enabling users to convert any amount from one metal to another or to/from USD. This functionality is essential for businesses operating in multiple currencies.
• Time-Series Endpoint: This endpoint allows users to query the API for daily historical rates between two dates of their choice, facilitating in-depth analysis of price movements over time.
• Fluctuation Endpoint: Users can track how currencies fluctuate on a day-to-day basis, providing insights into market volatility and price stability.
• Carat Endpoint: This feature allows users to retrieve information about Gold rates by Carat, catering to specific market needs.
• Lowest/Highest Price Endpoint: Users can query the API to get the lowest and highest price for a specified date, which is crucial for understanding market extremes.
• Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides users with the open, high, low, and close prices for a specific time period, essential for technical analysis.
• Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, allowing for comprehensive market analysis.
• API Key: Each user is assigned a unique API Key that must be included in API requests to authenticate access.
• API Response: The API delivers exchange rates relative to USD by default, ensuring consistency in data interpretation.
• Available Endpoints: The Metals-API offers a constantly updated list of available currencies and symbols, ensuring users have access to the latest market data.
• Gold Price India Endpoint: Retrieve the latest gold price in India using this dedicated endpoint, catering to regional market needs.
• News Endpoint: Stay updated with the latest news articles related to various metals, providing context to market movements.

API Endpoint Examples and Responses

Understanding how to interact with the Metals-API is crucial for developers. Below are examples of various API endpoints, showcasing their responses and how to interpret the data.

Latest Rates Endpoint

{
    "success": true,
    "timestamp": 1748052076,
    "base": "USD",
    "date": "2025-05-24",
    "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"
}

This response indicates a successful request, providing the latest exchange rates for various metals relative to USD. Each metal's rate is expressed in terms of troy ounces, which is the standard measurement for precious metals.

Historical Rates Endpoint

{
    "success": true,
    "timestamp": 1747965676,
    "base": "USD",
    "date": "2025-05-23",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

This example demonstrates how to access historical rates for a specific date. The response includes the rates for various metals, allowing users to analyze price trends over time.

Time-Series Endpoint

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-05-17",
    "end_date": "2025-05-24",
    "base": "USD",
    "rates": {
        "2025-05-17": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-05-19": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-05-24": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

This response provides a time-series analysis of metal prices over a specified period. Developers can use this data to visualize trends and fluctuations in pricing.

Convert Endpoint

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1748052076,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

This example illustrates how to convert an amount from one metal to another. The response includes the conversion rate and the resulting amount in troy ounces.

Fluctuation Endpoint

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-05-17",
    "end_date": "2025-05-24",
    "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"
}

This response provides insights into how metal prices fluctuate over a specified period, detailing the start and end rates along with percentage changes.

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

{
    "success": true,
    "timestamp": 1748052076,
    "base": "USD",
    "date": "2025-05-24",
    "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"
}

This endpoint provides crucial data for traders and analysts, detailing the open, high, low, and close prices for metals over a specific period.

Bid/Ask Endpoint

{
    "success": true,
    "timestamp": 1748052076,
    "base": "USD",
    "date": "2025-05-24",
    "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"
}

This response provides current bid and ask prices for various metals, essential for traders looking to make informed decisions based on market liquidity.

Conclusion

The Metals-API is a transformative tool that empowers developers to access real-time and historical pricing data for Ferro Chrome and other metals. By leveraging the capabilities of this API, businesses can enhance their applications, providing users with accurate insights into market trends and pricing dynamics. As the metal markets continue to evolve, the importance of real-time data will only grow, making APIs like Metals-API essential for staying competitive.

For more information on how to implement the Metals-API in your applications, refer to the Metals-API Documentation and explore the comprehensive Metals-API Supported Symbols list. Start leveraging the power of real-time metals data today by visiting the Metals-API Website.