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Retrieve LME Steel Rebar FOB Turkey (STEEL-RE) Historical Prices through this API

Retrieve LME Steel Rebar FOB Turkey (STEEL-RE) Historical Prices through this API

Retrieve LME Steel Rebar FOB Turkey (STEEL-RE) Historical Prices through this API

Retrieve LME Steel Rebar FOB Turkey (STEEL-RE) Historical Prices through this API

In today's rapidly evolving digital landscape, the need for real-time data and analytics in the metal markets has never been more critical. One such metal that is gaining attention is the LME Steel Rebar FOB Turkey (STEEL-RE). This blog post will delve into the intricacies of retrieving historical prices for this metal through the Metals-API, a powerful tool that empowers developers to harness the potential of real-time metals data.

About LME Steel Rebar FOB Turkey (STEEL-RE)

The LME Steel Rebar FOB Turkey is a vital commodity in the construction and manufacturing sectors. As the world moves towards digital transformation, the metal markets are witnessing significant technological innovations and advancements. The integration of smart technologies and data analytics is reshaping how stakeholders interact with market data, enabling them to make informed decisions based on real-time insights.

With the rise of data-driven decision-making, the demand for accurate historical pricing data has surged. Developers and businesses can leverage the Metals-API to access comprehensive historical price data for STEEL-RE, allowing them to analyze trends, forecast future prices, and optimize their operations. The potential applications of this data are vast, ranging from market analysis to risk management and strategic planning.

API Description

The Metals-API is designed to provide developers with seamless access to real-time and historical metals data. This API stands out due to its innovative capabilities, allowing users to build next-generation applications that can transform how businesses operate in the metal markets. By utilizing the Metals-API, developers can integrate real-time pricing, historical data, and analytical tools into their applications, enhancing their functionality and user experience.

For more detailed information about the API, you can visit the Metals-API Documentation. The documentation provides comprehensive guidance on how to utilize the API effectively, including endpoint descriptions, parameter details, and response formats.

Key Features and Endpoints

The Metals-API offers a variety of endpoints that cater to different needs. Here are some of the key features that developers can leverage:

  • Latest Rates Endpoint: This endpoint provides real-time exchange rate data for metals, updated based on your subscription plan. Depending on the plan, updates can occur every 60 minutes or even every 10 minutes, ensuring that users have access to the most current pricing information.
  • Historical Rates Endpoint: Users can access historical rates dating back to 2019 by appending a specific date to the API call. This feature is crucial for analyzing price trends over time and making informed decisions based on historical data.
  • Bid And Ask Endpoint: This powerful feature allows users to retrieve real-time bid and ask prices for metals, providing insights into market dynamics and helping traders make timely decisions.
  • Convert Endpoint: The Metals-API includes a currency conversion endpoint, enabling users to convert any amount from one metal to another or to/from USD. This feature is particularly useful for businesses operating in multiple currencies.
  • Time-Series Endpoint: This endpoint allows users to query the API for daily historical rates between two specified dates, making it easier to analyze price movements over specific periods.
  • Fluctuation Endpoint: Users can track how metal prices fluctuate on a day-to-day basis, providing valuable insights into market volatility and trends.
  • Carat Endpoint: This endpoint allows users to retrieve information about gold rates by carat, catering to businesses in the jewelry and precious metals sectors.
  • Lowest/Highest Price Endpoint: Users can query the API to get the lowest and highest prices for a specific metal over a defined period, aiding in market analysis and decision-making.
  • Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides open, high, low, and close prices for a specific date, essential for traders and analysts looking to understand market performance.
  • Historical LME Endpoint: This endpoint allows users to access historical rates for LME symbols dating back to 2008, providing a wealth of data for analysis and forecasting.
  • API Key: Each user is assigned a unique API key, which must be included in the API requests to authenticate and authorize access to the data.
  • API Response: The Metals-API delivers exchange rates relative to USD by default, with all data returned in a structured JSON format for easy integration into applications.
  • Available Endpoints: The API features multiple endpoints, each designed to fulfill specific functionalities, ensuring that developers have access to a comprehensive suite of tools.
  • Supported Symbols Endpoint: This endpoint provides a constantly updated list of all available metal symbols, allowing users to stay informed about the latest offerings.
  • Gold Price India Endpoint: Users can retrieve the latest gold price in India using this dedicated endpoint, catering to the specific needs of the Indian market.
  • News Endpoint: The Metals-API includes a news endpoint that allows users to retrieve the latest articles related to various metals, keeping them 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. This resource is invaluable for developers looking to integrate specific metals into their applications.

API Endpoint Examples and Responses

Understanding the structure of API responses is crucial for effective integration. Below are examples of various endpoints and their corresponding JSON responses:

Latest Rates Endpoint

{
    "success": true,
    "timestamp": 1747191670,
    "base": "USD",
    "date": "2025-05-14",
    "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 against USD. The "rates" object contains the current price for each metal symbol, which developers can utilize in their applications.

Historical Rates Endpoint

{
    "success": true,
    "timestamp": 1747105270,
    "base": "USD",
    "date": "2025-05-13",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

This response shows historical rates for a specific date, allowing users to analyze past price movements. The "rates" object provides the price for each metal symbol, which can be used for trend analysis.

Time-series Endpoint

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-05-07",
    "end_date": "2025-05-14",
    "base": "USD",
    "rates": {
        "2025-05-07": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-05-09": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-05-14": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

This response provides a time series of exchange rates for a specified period. Developers can use this data to visualize trends and fluctuations over time, which is essential for market analysis.

Convert Endpoint

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1747191670,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

The convert endpoint allows users to convert a specified amount from one currency to another. In this example, 1000 USD is converted to troy ounces of gold (XAU), providing a straightforward way to handle currency conversions in applications.

Fluctuation Endpoint

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-05-07",
    "end_date": "2025-05-14",
    "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 information about how metal prices fluctuate over a specified period. The "change" and "change_pct" fields are particularly useful for traders looking to understand market dynamics.

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

{
    "success": true,
    "timestamp": 1747191670,
    "base": "USD",
    "date": "2025-05-14",
    "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"
}

The OHLC endpoint provides essential market data for traders, showing the opening, highest, lowest, and closing prices for a specific date. This information is critical for technical analysis and trading strategies.

Bid/Ask Endpoint

{
    "success": true,
    "timestamp": 1747191670,
    "base": "USD",
    "date": "2025-05-14",
    "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 the current bid and ask prices for metals, along with the spread. Understanding bid and ask prices is crucial for traders looking to execute orders at optimal prices.

Conclusion

In conclusion, the Metals-API offers a robust and versatile solution for developers looking to access real-time and historical data for metals like LME Steel Rebar FOB Turkey (STEEL-RE). By leveraging the various endpoints available, developers can create applications that provide valuable insights into market trends, pricing fluctuations, and historical data analysis.

The integration of smart technology and data analytics into the metal markets is paving the way for a more informed and efficient trading environment. As the industry continues to evolve, the importance of reliable data sources like the Metals-API will only grow.

For more information on how to get started with the Metals-API, visit the Metals-API Website and explore the extensive documentation available. By utilizing the capabilities of this API, developers can unlock the full potential of metals data and drive innovation in their applications.

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