Iron Ore 62% Fe CFR China (IRON62)

Symbol: IRON62

Get real-time and historical Iron Ore 62% Fe CFR China prices with our comprehensive Metals-API.

Last Update

2026-01-01

Last price update date

Unit Type

Per dry metric ton

Price per unit

What is Iron Ore 62% Fe CFR China?

Iron Ore 62% Fe CFR China (IRON62) is a precious metal symbol available through the Metals-API. It provides real-time and historical pricing data that can be accessed via our comprehensive API.

Our API offers seamless integration to access current prices, historical data, fluctuations, and time-series information for Iron Ore 62% Fe CFR China.

API Usage Examples for IRON62

1. Latest Rates Endpoint

Get the most recent Iron Ore 62% Fe CFR China price. Depending on your subscription plan, the API's latest endpoint returns real-time data updated at different intervals.

API Request:

https://metals-api.com/api/latest?access_key=YOUR_API_KEY&base=USD&symbols=IRON62

Request Parameters:

ParameterDescription
access_key[required] Your API Key.
base[optional] Base currency. Default USD.
symbols[required] Comma-separated metal or currency codes.

API Response:

{
    "success": true,
    "timestamp": 1519296206,
    "base": "USD",
    "date": "2024-01-15",
    "rates": {
        "IRON62": 2650.45
    }
}
2. Historical Rates Endpoint

Get historical Iron Ore 62% Fe CFR China price for a specific date. Historical rates are available since our earliest data.

API Request:

https://metals-api.com/api/2024-01-15?access_key=YOUR_API_KEY&base=USD&symbols=IRON62

Request Parameters:

ParameterDescription
YYYY-MM-DD[required] Date for historical rates.
access_key[required] Your API Key.
base[optional] Base currency. Default USD.
symbols[required] Comma-separated symbol codes.

API Response:

{
    "success": true,
    "historical": true,
    "date": "2024-01-15",
    "base": "USD",
    "rates": {
        "IRON62": 2650.45
    }
}
3. Convert Endpoint

Convert any amount from one currency to Iron Ore 62% Fe CFR China, or from IRON62 to another currency. Historical conversion is also supported.

API Request (Real-time):

https://metals-api.com/api/convert?access_key=YOUR_API_KEY&from=USD&to=IRON62&amount=100

API Request (Historical):

https://metals-api.com/api/convert?access_key=YOUR_API_KEY&from=USD&to=IRON62&amount=100&date=2024-01-15

Request Parameters:

ParameterDescription
access_key[required] Your API Key.
from[required] Source currency or metal code.
to[required] Target currency or metal code.
amount[required] Amount to convert.
date[optional] Date for historical conversion (YYYY-MM-DD).
4. Time-Series Endpoint

Query daily historical Iron Ore 62% Fe CFR China rates between two dates. Do not use the current date as end_date.

API Request:

https://metals-api.com/api/timeseries?access_key=YOUR_API_KEY&start_date=2024-01-01&end_date=2024-01-15&symbols=IRON62

Request Parameters:

ParameterDescription
access_key[required] Your API Key.
start_date[required] Start date (YYYY-MM-DD).
end_date[required] End date (YYYY-MM-DD).
base[optional] Base currency. Default USD.
symbols[required] Symbol code(s).
5. Fluctuation Endpoint

Retrieve how Iron Ore 62% Fe CFR China prices changed between two dates: start/end rates, absolute and percentage change. One symbol per request.

API Request:

https://metals-api.com/api/fluctuation?access_key=YOUR_API_KEY&start_date=2024-01-01&end_date=2024-01-15&symbols=IRON62
6. Open/High/Low/Close (OHLC) Price Endpoint

Get open, high, low, and close price for Iron Ore 62% Fe CFR China on a specific date. Open/close are based on UTC day. One symbol per request.

API Request:

https://metals-api.com/api/open-high-low-close/2024-01-15?access_key=YOUR_API_KEY&base=USD&symbols=IRON62

Uses and Related Industries

Primary Industries

  • Jewelry & Appraisal: Used for valuation and pricing of precious metal components
  • Mining & Refining: Monitor spot prices for production and sales strategies
  • Financial Services: Portfolio analysis, risk management, and commodity exposure
  • Trading Platforms: Real-time metals and forex pricing integration
  • Manufacturing: Cost estimation and supply chain decisions for metal-intensive industries

Specific Applications

  • Real-time spot price tracking and monitoring
  • Historical performance and trend analysis
  • Portfolio valuation and benchmarking
  • Risk assessment and financial modeling
  • Currency conversion and multi-currency reporting

Factors Influencing IRON62 Price

Market Factors

  • Supply and Demand: Mining output, recycling, and industrial demand
  • Economic Indicators: GDP growth, inflation, and interest rates
  • Currency Movements: USD and major forex pairs (metals often quoted in USD)
  • Investor Sentiment: Safe-haven flows and risk appetite

Technical Factors

  • Volume and Liquidity: Trading volume and market depth
  • Price Momentum: Short and long-term trends
  • Support and Resistance: Technical levels and chart patterns
  • Volatility: Options and derivatives market activity

External Factors

  • Geopolitical Events: Stability and trade policies
  • Regulatory Changes: Environmental and mining regulations
  • Global Markets: Equity and bond market correlations
  • Central Bank Policy: Monetary policy and reserve demand

Ready to Get Started?

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