Are you looking for an API that gives you LME Steel Scrap Turkey prices in Euros? You must read this!
Steel scrap is wasted steel or steel products that have had size and composition sorted for melting. As the world gets more industrialized, the number of discarded consumer goods and worn-out industrial equipment climbs. More than 40% of all steel produced worldwide is manufactured in this country. Every year, almost 500 million tons of steel are produced from scrap steel.
The London Metal Exchange (LME) sets its price, which is updated every day at 16:30 H, London time. Steel scrap is a relatively young sector with steadily increasing demand. As a result, you must keep up with market prices to make the greatest investing judgments. For this purpose, you should make use of an API.
But what exactly is an API?
An application programming interface (API) is a software interface that allows two programs to communicate with one another (API). When you use a mobile phone app, it connects to the Internet and sends data to a server. When the server receives this data, it analyzes it, verifies its authenticity, and then sends it back to your phone. After then, the computer analyzes the information and delivers it to you in an intelligible format.
Metals-API is a good alternative if you wish to utilize an API that provides Euros value information. You’ll get access to the most user-friendly choice for tracking live metals prices with just a few easy clicks.
Why Metals-API?
With a 0.2 decimal difference, it is updated every 60 seconds. It has a wide range of metals. It can communicate with a variety of devices, including cellphones and laptops. It gathers metal pricing information from some of the world’s most famous financial organizations and banks (in this case, London Metals Exchange).
Commercial sources are given more weight since they better represent market exchange values, especially for major currencies and items. You can use it with different code programming languages like Python, JSON and PHP.
Subscribing to Metals-API is simple:
- Visit www.metals-API.com to obtain an API key.
- Choose metal and money as your working resources.
- Add metal and money to your list before connecting to the API with these symbols. There are several programming languages to pick from, as well as a range of price ranges. (PHP; JSON).
- You must press the “run” button to finish the mission.
On your screen, the API should appear like this:
{
"success": true,
"timestamp": 1519296206,
"base": "STEEL-SC",
"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,
[...]
}
}