Retrieve Iron Ore (IRON) Historical Prices for Your Application using this API
Retrieve Iron Ore (IRON) Historical Prices for Your Application using this API
In the rapidly evolving landscape of metal markets, the ability to access and analyze historical prices for commodities like Iron Ore (IRON) is crucial for developers and businesses alike. With the advent of APIs such as the Metals-API, retrieving historical prices has never been easier. This blog post will delve into the intricacies of Iron Ore, the transformative potential of the Metals-API, and how developers can leverage this powerful tool to enhance their applications.
About Iron Ore (IRON)
Iron Ore is a fundamental raw material in the production of steel, which is essential for various industries including construction, automotive, and manufacturing. As the world moves towards digital transformation, the metal markets are also undergoing significant changes driven by technological innovation and advancements in data analytics. The integration of smart technologies allows for real-time insights into market trends, enabling businesses to make informed decisions.
As we explore the future trends and possibilities in the metal markets, it is essential to understand how data analytics can provide valuable insights into price fluctuations, demand forecasts, and supply chain management. The Metals-API plays a pivotal role in this transformation by offering developers access to real-time and historical data, which can be integrated into various applications.
API Description
The Metals-API is a robust platform that provides developers with access to real-time and historical prices for various metals, including Iron Ore. This API empowers developers to build next-generation applications that require accurate and timely data. With a focus on innovation and technological advancement, the Metals-API enables users to harness the power of data analytics to drive business decisions.
One of the key features of the Metals-API is its ability to provide real-time exchange rate data, updated frequently based on the user's subscription plan. This means that developers can access the latest market prices for Iron Ore and other metals, ensuring that their applications are always up-to-date. Furthermore, the API supports a wide range of endpoints that cater to different data needs, from historical rates to bid and ask prices.
Key Features and Endpoints
The Metals-API offers a variety of endpoints that serve different purposes, allowing developers to tailor their applications to specific needs. Here are some of the most notable features:
- Latest Rates Endpoint: Depending on your subscription plan, this endpoint returns real-time exchange rate data for Iron Ore and other metals, updated every 60 minutes, every 10 minutes, or even more frequently. This feature is essential for applications that require up-to-the-minute pricing information.
- Historical Rates Endpoint: Developers can access historical rates for Iron Ore dating back to 2019. By appending a specific date to the API request, users can retrieve historical price data, which is invaluable for trend analysis and forecasting.
- Bid And Ask Endpoint: This powerful feature allows users to retrieve real-time bid and ask prices for Iron Ore. Understanding the bid-ask spread is crucial for traders and investors looking to make informed decisions in the market.
- Convert Endpoint: The Metals-API includes a currency conversion endpoint, enabling users to convert amounts from one metal to another or to/from USD. This is particularly useful for applications that require multi-currency support.
- Time-Series Endpoint: This endpoint allows developers to query the API for daily historical rates between two specified dates. This feature is particularly useful for analyzing price trends over time.
- Fluctuation Endpoint: Users can track how Iron Ore prices fluctuate on a day-to-day basis, providing insights into market volatility and helping businesses make strategic decisions.
- Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides detailed price information, including the opening, highest, lowest, and closing prices for Iron Ore over a specified period. This data is crucial for technical analysis and market predictions.
- Lowest/Highest Price Endpoint: Developers can query the API to get the lowest and highest prices for Iron Ore within a specified date range, which is essential for understanding market extremes.
- Historical LME Endpoint: For users interested in LME symbols, this endpoint provides historical rates dating back to 2008, allowing for comprehensive market analysis.
- API Key: Each user is provided with a unique API key that must be included in API requests. This key is essential for authentication and ensures secure access to the API's features.
- API Response: The Metals-API delivers exchange rates relative to USD by default, with all data returned in a structured JSON format, making it easy for developers to integrate into their applications.
- News Endpoint: Users can retrieve the latest news articles related to various metals, keeping them informed about market developments and trends.
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 integrate various metals into their applications.
API Endpoint Examples and Responses
Understanding the API responses is crucial for developers looking to implement the Metals-API effectively. Below are examples of various API endpoints, showcasing the structure of the JSON responses and their significance.
Latest Rates Endpoint
{
"success": true,
"timestamp": 1766635223,
"base": "USD",
"date": "2025-12-25",
"rates": {
"IRON": 0.000482,
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}
The response indicates the success of the request, the timestamp of the data, the base currency (USD), and the rates for Iron Ore and other metals. This information is essential for applications that require real-time pricing.
Historical Rates Endpoint
{
"success": true,
"timestamp": 1766548823,
"base": "USD",
"date": "2025-12-24",
"rates": {
"IRON": 0.000485,
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"unit": "per troy ounce"
}
This response provides historical rates for Iron Ore, allowing developers to analyze past market performance and trends.
Time-series Endpoint
{
"success": true,
"timeseries": true,
"start_date": "2025-12-18",
"end_date": "2025-12-25",
"base": "USD",
"rates": {
"2025-12-18": {
"IRON": 0.000485,
"XAU": 0.000485,
"XAG": 0.03825
},
"2025-12-20": {
"IRON": 0.000483,
"XAU": 0.000483,
"XAG": 0.0382
},
"2025-12-25": {
"IRON": 0.000482,
"XAU": 0.000482,
"XAG": 0.03815
}
},
"unit": "per troy ounce"
}
This endpoint allows developers to retrieve daily rates for Iron Ore over a specified period, facilitating trend analysis and forecasting.
Convert Endpoint
{
"success": true,
"query": {
"from": "USD",
"to": "IRON",
"amount": 1000
},
"info": {
"timestamp": 1766635223,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
The Convert Endpoint enables users to convert amounts from one metal to another or to/from USD, providing flexibility for applications that require multi-currency support.
Fluctuation Endpoint
{
"success": true,
"fluctuation": true,
"start_date": "2025-12-18",
"end_date": "2025-12-25",
"base": "USD",
"rates": {
"IRON": {
"start_rate": 0.000485,
"end_rate": 0.000482,
"change": -3.0e-6,
"change_pct": -0.62
}
},
"unit": "per troy ounce"
}
This endpoint provides insights into how Iron Ore prices fluctuate over time, which is crucial for understanding market volatility.
OHLC (Open/High/Low/Close) Price Endpoint
{
"success": true,
"timestamp": 1766635223,
"base": "USD",
"date": "2025-12-25",
"rates": {
"IRON": {
"open": 0.000485,
"high": 0.000487,
"low": 0.000481,
"close": 0.000482
}
},
"unit": "per troy ounce"
}
This endpoint provides detailed price information, including the opening, highest, lowest, and closing prices for Iron Ore, which is essential for technical analysis.
Bid/Ask Endpoint
{
"success": true,
"timestamp": 1766635223,
"base": "USD",
"date": "2025-12-25",
"rates": {
"IRON": {
"bid": 0.000481,
"ask": 0.000483,
"spread": 2.0e-6
}
},
"unit": "per troy ounce"
}
This response provides the current bid and ask prices for Iron Ore, which is crucial for traders looking to make informed decisions.
Conclusion
In conclusion, the Metals-API offers a comprehensive suite of features that empower developers to access and analyze historical prices for Iron Ore and other metals. By leveraging the capabilities of this API, businesses can harness the power of data analytics to drive informed decision-making and enhance their applications. The integration of real-time data, historical insights, and advanced features such as bid/ask pricing and fluctuation tracking positions the Metals-API as a vital tool in the modern metal market landscape.
For more information on how to get started with the Metals-API, refer to the Metals-API Documentation. Additionally, explore the Metals-API Supported Symbols page to discover the full range of metal symbols available for your applications. Embrace the future of metal market analytics with the Metals-API and unlock the potential of real-time data for your business.