Are you from Pakistan? Would you like to receive copper prices in your local currency? If that is your case, then we have good news to tell you!
Copper, with the symbol Cu (periodic table), is a chemical element with atomic number 29. It is a transition metal with a reddish color and metallic luster that, together with silver and gold, is part of the so-called copper family. Also, copper is characterized by being the second best conductors of electricity. Thanks to its high electrical conductivity, ductility and malleability, it has become the most widely used material for making electrical cables and other electrical and electronic components.
Another characteristic is that it is a durable metal because it can be recycled an almost unlimited number of times without losing its mechanical properties. In addition, it is the third most used metal in the world, behind steel and aluminum. It is even important for life as it is involved in the development of red blood cells and helps maintain the condition of bones, nerves and blood vessels.
The construction industry is one of the main consumers of copper, used for building wiring, water and gas pipes, thermal systems, roofing, finishes, or as a structural component. A modern house requires about 200 kilos of copper. Due to the increasing population in Pakistan (it is currently the 5th most populous country in the world with 230 million people), copper is increasingly needed to meet the demand for houses.
If you own any industry that services Pakistan, you will need Metals-API to see up-to-date copper prices in Pakistani rupee.
Metals-API is used by thousands of developers, small and major businesses. This website allows you to get current copper market values from across the world. Metals-API is the most trusted source for real-time precious metals quotes due to its accurate data. To give you an idea, it gathers data every minute from 16 reliable sources, including banks and financial institutions, mining businesses (Barrick Gold), and even the famous London Metal Exchange (LME).
How much does it cost?
This API provides a free version, although it is best suited to those who do not require pricing updates on a regular basis. However, if your business is bigger, you may be required to pay for one of the six current plans, each tailored to different demands.
Don’t worry if you have any questions; their website has extensive documentation on how to use Metals-API. In any case, they feature a virtual chat where you can ask.
Also published on Medium.