Would you like to know how much a nickel costs? Would you like to be able to see the prices in the official currency of Qatar? Well, we have an incredible solution to your problems.
Nickel is a chemical element located in group 10 of the periodic table (intermediate position between cobalt and copper) that has good resistance to corrosion and is generally flammable. It has an atomic number equal to 28, its atomic mass is equal to 58.71 units and it is represented by the chemical symbol Ni. On the other hand, it is one of the least abundant metals in the earth’s crust, comprising 0.008% of it. The largest sources of metallic nickel are meteorites.
More than three-fifths of world nickel production is concentrated in the production of austenitic-type stainless steel and alloys. The nickel alloys that stand out the most are alnico, used in super-magnets; mu-metal, used to control magnetic fields; monel, used in submarine engines and in the chemical industry; and nitinol-55, used in robotics. It also participates in electronics, making rechargeable batteries, electrodes, microphone capsules and electric guitar strings.
In November this year, Qatar will host the FIFA World Cup and for this reason, it needs to stock up on metals. Nickel in this case, is one of the most needed to supply its stadiums with different types of alloys. That is why, if your company provides services to Qatar, we recommend you use this API to check nickel prices and thus avoid unexpected surprises in its rates.
Why Metals-API?
To understand why Metals-API is a great option for your needs, we have to review its numbers. First, thousands of developers, small businesses, and large corporations use this service. Some of its clients are Barrick Gold, Metex, Mansour, among others. To give you an idea, it currently has 200,000 satisfied customers and more than 25 million requests per day. Metals-API works with the main banks and financial institutions, which provide 100% accurate data on each metal, such as nickel in your case.
On the other hand, thanks to this platform you will be able to see the price of nickel in real time, with a precision of 2 decimal places and updates every 60 seconds. In addition, thanks to its convertibility system, you will be able to see the prices in the Qatari currency (Qatari Riyal).
What is the price of Metals-API?
Currently, this API has 7 plans, of which 1 is free and the rest are paid. Prices range from $10 to $1,200 per year, not monthly. Each plan has its advantages and disadvantages, but definitely, the more you pay, the better service you will get. Check the “pricing” section to analyze the differences between each one.
Is it a secure site? The connection to the Metals-API service is encrypted using bank-grade 256-bit SSL encryption.