How to get iron ore live prices in real-time? With an API, you can obtain the price at every moment.
Iron ores are rocks and minerals that can be profitably mined for metallic iron. Iron oxides abound in the ores, which range in hue from dark grey to bright yellow to deep purple to rusty red.
This metal is leading in the industry, Australia and Brazil are two of the world’s greatest producers of iron ore, with a large percentage of the world’s reserves. Australia exports 50% of all iron ore in the globe. Brazil exported almost 23% of all iron exports worldwide.
Iron ores are commonly used to make cars, ships, automobiles, locomotives, beams used in buildings, furniture, paper clips, tools, reinforcing rods for concrete, bicycles. That’s why if you are part of these sectors or if you want to invest in this industry, you have to be updated with the prices in real-time in order to get better results in your company and to be competitive.
The best tool for obtaining information about metals in real-time is an API that is an interface for gathering data from a location and delivering it to the user who requested it. It’s that easy, and it’ll come in handy in a variety of situations.
Why Metals-API?
Metals-API, which is one of the most accurate and complete tools that use API. This collects data per minute from over 15 credible data sources. Banks and financial data suppliers are among them. As a result, your price will be incredibly accurate.
Iron ore, gold, silver, and other metals’ real-time prices may be easily integrated into spreadsheets, websites, mobile apps, and other commercial applications.
It takes Bitcoin and Litecoin, as well as over 170 other currencies, commodities, and cryptocurrencies. Any quantity can be converted from one currency to another, as well as from one metal to any metal and any currency to any currency, using the same API endpoints.
The API is designed in JSON API, or JavaScript Object Notation, which eliminates the requirement for each application to write its own ad-hoc code to connect to servers that communicate in a specific way.
How to get it:
1. Go to www.metals-API.com and get your API key.
2. Search for the lead symbol and the currency sign you want to use in the website’s list.
3. Add metal and money to the list with these symbols, then make the API call.
4- And you can select a programming language such as JSON or PHP.
Also published on Medium.