Are you from Ottawa, Toronto, Vancouver or some industrial city in Canada? Would you like to acquire molybdenum for your company? If that is your case, we advise you to read this post! Here you will find the best molybdenum rates API service.
Molybdenum is a natural element found on Earth and is used for a wide variety of applications in transportation, construction, power generation, agriculture, and even medicine. In small concentrations, molybdenum is also present in plants, animals and within the human body, which means that life cannot be sustained without it. In addition, it stands out for having one of the highest melting temperatures of all the elements and great resistance to corrosion (this can be increased if alloys are formed with tungsten and chromium).
Molybdenum has two types of uses: primary and final. In “primary uses”, it is mainly used as a material for the production of metallurgical applications -structural and stainless steels-, chemical and pure molybdenum parts. “Final uses”, meanwhile, refer to finished products that contain various percentages of molybdenum, which are used in the production of parts for industries such as oil, chemical, automotive, aeronautics, among others.
The negative part of this metal is its constant price increase. In fact, in the last 5 years its price grew by 172%. For those Canadian entrepreneurs, this is good news and bad news. On the one hand, buying molybdenum is more expensive, but its products can be sold more expensively. Be that as it may, it is best to be up to date with its prices and for that, we recommend using the Metals-API service.
Why Metals-API?
This service, as its name explains, is an API (Application Programming Interfaces). Its job is to allow the exchange of information between two independent software components. It is designed for investors, traders, and anyone else interested in buying, selling, or trading metals. Thanks to Metals-API, you can easily and quickly get current world market prices for any metal, including gold, silver, copper, and of course the metal you need, molybdenum. With its characteristics, you will be able to choose the right moment to invest in this metal.
Don’t worry if you are from Canada, you will be able to see the prices in Canadian dollars.
How to use Metals-API?
1. First you need to go to www.metals-API.com and at the top right you will find “get API key”.
2. Then on the main screen you will find the option to sign up and choose a plan. There are 7 in total, one of them is free and the rest are paid. Read the description of each one in detail and choose the one that best suits your needs.
3. After this, select the metal (molybdenum) and Canadian dollars.
4. When all of the above is done, make the API call.
As a programming language, you can choose between JSON and PHP.
Also published on Medium.