Do you want to get iron ore prices in real-time? Keep reading, we show you how to do it.
Nowadays one of the most valuable metals is Iron ores that are rocks and minerals that can be mined for metallic iron commercially. The ores, which range in color from dark grey to bright yellow to deep purple to rusty red, are rich in iron oxides.
A report shows how the price of iron ore is being increased in the last few days. For example, this metal is leading in China at same the time the production of steel has increased almost 60% worldwide. Five primary steel products, such as rebar, wire rod, and hot-rolled coils, look to be in higher demand.
It could be difficult to obtain data in real-time when we talk about metals, in this industry is not easy to find a platform, software, or application that provides prices in real-time. That’s why if you want to invest in this industry you should use an API.
How To Obtain
Using an API which is an interface that collects data from a place and provides it to the user who requested it. It’s that simple, and you’ll find it useful in a variety of scenarios.
To access to it, you should use Metals-API, which is the most trustworthy API and receives data from over 15 dependable data sources every minute. Banks and financial data suppliers are among them. As a result, you’ll receive a very precise quote.
Iron ore, gold, silver, and other metal values are provided in real-time. Spreadsheets, websites, mobile apps, and other corporate applications can all benefit from this information.
It is accessible in over 170 currencies, including bitcoin, litecoin, other altcoins; nevertheless, this type of currency is difficult to obtain on the internet. You will be able to convert any quantity from one currency to another using Metals-API.
To get Iron ore prices, you have to:
1. Get your API key from www.metals-API.com.
2. In the website’s list, look for the lead symbol and currency sign you want to use.
3. Use these symbols to add metal and money to the list, then make the API call.
4- You can also choose between JSON and PHP as a programming language.
Also published on Medium.