Are you Japanese and need to find out iron prices? If your answer is yes, you should read this post! It sure will help you.
Iron is a chemical element with atomic number 26 and atomic weight equal to 55,847. It is represented in the periodic table with the symbol Fe. It is a silver-grey metal, very malleable and magnetic. It is the fourth most abundant element in the earth’s crust and represents 5% of its components. However, it is not used in its pure state, but is combined with other metals or with other chemical elements, forming alloys.
As for its industrial uses, more than 90% of iron is used to become directly into steel in the same furnace in which it is melted, without forming solid iron and avoiding its oxidation. The rest is used as cast iron and wrought iron, mainly. On the other hand, it is also an essential metal for the functioning of the organism. That is why when a person does not have enough iron in his body, he can feel tired, causing anemia.
Currently, Japan is one of the richest countries in the world, being only surpassed by countries like the United States or China. Being such an industrialized country, its inhabitants need to stock up on iron ore and use it in different industries. If you are Japanese and need to find out iron prices, we recommend using Metals-API.
What is Metals-API?
The Metals-API service is an excellent API for investors, traders and anyone else interested in buying, selling or trading metals. It allows you to quickly and easily obtain current world market prices for any metal, including gold, silver, copper and of course, the metal you need, iron ore. Thanks to Metals-API, you will be able to choose the right time to invest in this business. Don’t worry about the currency, the Japanese yen, as well as 170 other currencies from around the world, are included in this API.
How does Metals-API work?
1. Go to www.metals-API.com and on the top right you will find “get API key”. Click there.
2. Then you will have to register and choose one of the available plans. One of them is free and the rest are paid. Choose carefully.
3. After this, select the metal and currency. In your case it will be Iron Ore and Japanese Yen.
4. Once you’re done choosing, make the API call.
5- As a programming language, you can choose between JSON and PHP.
Also published on Medium.