If you are searching for molybdenum live prices, you have come to the right place.
Molybdenum is a chemical element that does not naturally occur as a free metal; it can only be found in various oxidation states in minerals. The free element, a silvery metal with a gray tint, has the sixth-highest melting point of any element. Steel alloys, particularly high-strength alloys and superalloys, consume the bulk of the world’s output due to the fast growth of hard, stable carbides in alloys.
In high-pressure and high-temperature applications, molybdenum compounds (which account for roughly 14% of worldwide output) are used as pigments and catalysts. The majority of molybdenum produced is utilized in metallurgy, with the remainder going to chemical uses. Steel was used for structural purposes, accounting for 35% of global demand, followed by stainless steel, chemicals, equipment, and high-speed steels, cast iron, molybdenum elemental metal, and superalloys.
In military armor, aviation equipment, electrical connections, industrial motors, and filament supports in light bulbs use molybdenum because it can withstand high temperatures without expanding or softening. As a fertilizer, some plants require molybdenum powder. Molybdenum is used in a variety of ways. This market continues to expand year after year.
As a result, whether you participate in these industries or wish to invest in them, you must stay up to speed on prices in real-time to improve your company’s performance and remain competitive.
An API, which is an interface for receiving data from a place and providing it to the person who requested it, is the finest instrument for acquiring information about metals in real-time. It’s that simple, and you’ll find yourself using it in several circumstances. For this objective, we will recommend you Metals-API.
What Is Metals-API?
Metals-API is one of the most reliable and precise API tools available. This gets data from over 15 reliable data sources per minute. Among them are banks and financial data providers. As a consequence, your cost will be quite precise.
Real-time pricing for molybdenum, gold, silver and other metals may be readily linked into spreadsheets, websites, mobile apps, and other business applications. Furthermore, you may get information such as historical prices or particular currency conversions.
Bitcoin and Litecoin, as well as over 170 other currencies, commodities, and cryptocurrencies are accepted. Any quantity may be converted from one currency to another, as well as from one metal to another, using the same API calls.
The API is written in JSON API, or JavaScript Object Notation, which eliminates the need for each application to develop its ad-hoc code to connect to servers that interact in a specified manner.
How to acquire it:
1. Get your API key from www.metals-API.com.
2. In the website’s list, look for the Molybdenum symbol (MO) and currency sign you wish to use.
3. Use these symbols to add metal and money to the list, then perform the API call.
4- You may also choose between JSON and PHP as a programming language.
It will appear like this:
{
"success": true,
"timestamp": 1519296206,
"base": "MO",
"date": "2018-09-10",
"rates": {
"AUD": 1.566015,
"CAD": 1.560132,
"CHF": 1.154727,
"CNY": 7.827874,
"GBP": 0.882047,
"JPY": 132.360679,
"USD": 1.23396,
[...]
}
}
See more: Try This API To Obtain Historical Molybdenum Rates