Retrieve US Steel Coil Futures (STEEL-US) Historical Prices with this API

In the ever-evolving landscape of financial markets, the ability to access and analyze historical prices for commodities such as steel is crucial for traders, analysts, and developers alike. One of the most effective ways to retrieve US Steel Coil Futures (STEEL-US) historical prices is through the powerful Metals-API. This API not only provides real-time data but also offers a comprehensive suite of features that empower developers to build innovative applications that leverage metals market data.
Understanding Metals-API
Metals-API is a robust platform designed to provide real-time and historical data for various metals, including steel. It stands out in the market due to its focus on technological innovation and data analytics, enabling users to make informed decisions based on accurate and timely information. The API is particularly beneficial for developers looking to integrate metals data into their applications, providing a seamless experience for accessing critical market information.
About US Steel Coil Futures (STEEL-US)
US Steel Coil Futures represent a significant segment of the metals market, allowing traders to hedge against price fluctuations in steel. The ability to retrieve historical prices for STEEL-US is essential for analyzing market trends, making predictions, and executing trading strategies. With the Metals-API, users can access a wealth of historical data dating back to 2019, enabling comprehensive analysis and insights.
Digital Transformation in Metal Markets
The integration of digital technologies in the metals market has transformed how traders and analysts access and interpret data. With APIs like Metals-API, users can automate data retrieval processes, reducing the time spent on manual data collection and analysis. This digital transformation allows for more efficient trading strategies and better risk management.
Technological Innovation and Advancement
Metals-API exemplifies technological advancement in the financial sector by providing a user-friendly interface and extensive documentation. Developers can easily integrate the API into their applications, allowing for real-time data retrieval and analysis. This innovation not only enhances user experience but also opens up new possibilities for data-driven decision-making.
Data Analytics and Insights
Access to historical prices through Metals-API enables users to perform in-depth data analytics. By analyzing trends and patterns in steel prices, traders can develop predictive models that inform their trading strategies. The API’s ability to provide historical data in various formats allows for flexible analysis and reporting.
Smart Technology Integration
With the rise of smart technologies, integrating APIs like Metals-API into applications has become essential. Developers can create intelligent systems that automatically adjust trading strategies based on real-time data, enhancing responsiveness to market changes. This integration of smart technology not only improves efficiency but also increases the potential for profitability.
Future Trends and Possibilities
As the metals market continues to evolve, the demand for real-time data and analytics will only increase. APIs like Metals-API are at the forefront of this trend, providing the tools necessary for traders and developers to stay competitive. Future advancements may include enhanced machine learning capabilities for predictive analytics and more sophisticated data visualization tools.
API Features and Capabilities
The Metals-API offers a variety of features that cater to different needs within the metals market. Below, we explore some of the key capabilities that make this API a valuable resource for retrieving historical prices and more.
Latest Rates Endpoint
The Latest Rates Endpoint provides real-time exchange rate data for various metals, updated based on your subscription plan. This endpoint is crucial for traders who need immediate access to current market prices. The response includes the base currency, timestamp, and rates for different metals.
{
"success": true,
"timestamp": 1745805769,
"base": "USD",
"date": "2025-04-28",
"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
Accessing historical rates is essential for analyzing market trends over time. The Historical Rates Endpoint allows users to retrieve data for specific dates, dating back to 2019. This feature is particularly useful for back-testing trading strategies and understanding price movements.
{
"success": true,
"timestamp": 1745719369,
"base": "USD",
"date": "2025-04-27",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}
Bid and Ask Endpoint
The Bid and Ask Endpoint provides real-time bid and ask prices for various metals. This feature is essential for traders looking to make informed decisions based on current market conditions. The response includes the bid and ask prices along with the spread, allowing for quick assessments of market liquidity.
{
"success": true,
"timestamp": 1745805769,
"base": "USD",
"date": "2025-04-28",
"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"
}
Convert Endpoint
The Convert Endpoint allows users to convert amounts between different metals or to/from USD. This feature is particularly useful for traders who need to assess the value of their holdings in different currencies. The response includes the conversion rate and the result of the conversion.
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1745805769,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
Time-Series Endpoint
The Time-Series Endpoint allows users to query historical rates over a specific period. This feature is invaluable for analyzing trends and making predictions based on historical data. The response includes rates for each day within the specified date range.
{
"success": true,
"timeseries": true,
"start_date": "2025-04-21",
"end_date": "2025-04-28",
"base": "USD",
"rates": {
"2025-04-21": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-04-23": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-04-28": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}
Fluctuation Endpoint
The Fluctuation Endpoint provides insights into how prices fluctuate over a specified period. This feature is essential for understanding market volatility and making informed trading decisions. The response includes the start and end rates, along with the percentage change.
{
"success": true,
"fluctuation": true,
"start_date": "2025-04-21",
"end_date": "2025-04-28",
"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"
}
Open/High/Low/Close (OHLC) Price Endpoint
The OHLC Price Endpoint provides essential market data, including the opening, highest, lowest, and closing prices for a specific date. This information is crucial for traders looking to analyze market performance and make informed decisions based on price movements.
{
"success": true,
"timestamp": 1745805769,
"base": "USD",
"date": "2025-04-28",
"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"
}
Historical LME Endpoint
The Historical LME Endpoint provides access to historical rates for LME symbols, dating back to 2008. This feature is particularly useful for users interested in historical data for metals traded on the London Metal Exchange.
API Key and Authentication
To access the Metals-API, users must obtain an API key, which is passed into the API base URL's access_key parameter. This key is essential for authenticating requests and ensuring secure access to the API's features.
API Response Structure
All data returned by the Metals-API is relative to USD by default. The API response structure is designed to be intuitive, with clear fields indicating the success of the request, the timestamp of the data, and the relevant rates for each metal. Understanding the response structure is crucial for developers to effectively utilize the API.
Common Use Cases
Developers can leverage the Metals-API for a variety of applications, including:
- Building trading platforms that require real-time and historical metals data.
- Creating analytical tools for market research and trend analysis.
- Integrating metals data into financial applications for enhanced user experience.
Performance Optimization and Scaling
As applications grow, performance optimization becomes critical. Developers should consider implementing caching strategies to reduce API calls and improve response times. Additionally, understanding rate limits and quota management is essential for maintaining application performance.
Security Considerations
Security is paramount when working with APIs. Developers should ensure that their API keys are kept secure and not exposed in client-side code. Implementing proper error handling and recovery strategies is also crucial for maintaining application stability.
Conclusion
In conclusion, the Metals-API provides a comprehensive solution for retrieving historical prices for US Steel Coil Futures (STEEL-US) and other metals. Its innovative features, including real-time data access, historical rates, and advanced analytics capabilities, empower developers to create sophisticated applications that leverage metals market data. By understanding the API's capabilities and implementing best practices, developers can unlock the full potential of the Metals-API for their trading and analytical needs. For more information, refer to the Metals-API Documentation and explore the Metals-API Supported Symbols for a complete list of available data.