Are you looking for a way to get molybdenum spot prices? You should try this API!
Molybdenum is a silvery-white metal that is ductile and corrosion-resistant. The majority of molybdenum is used to create alloys. It is used in steel alloys to increase strength, hardness, electrical conductivity, and corrosion and wear resistance. These’moly steel’ alloys are used in engine parts. Other alloys are used to make heating elements, drill bits, and saw blades.
If you are interested in investing in molybdenum or if the molybdenum price affects your business, the simplest way to decide whether or not to participate in this industry is to analyze price data over various time periods and observe how it has increased. To obtain this information, you should use an application programming interface (API), and you will receive data in real-time from different metals’ sources.
How Does An API Works?
An API connects two machines that must communicate in order for a task to be completed. This API can also be used to send and receive real-time requests. Using an API, you will be able to study the industry based on prices and see how it has changed over time.
Finding a website, application, or software that provides this type of data in real-time, on the other hand, is becoming increasingly difficult. If you don’t know where to look, start with Metals-API, the most comprehensive source of molybdenum spot prices. Using this tool will save you money and time.
To obtain molybdenum spot prices, use the following methods:
- 1. Get your API key from www.metals-API.com.
- 2. Look for the molybdenum symbol and currency sign you want to use in the website’s list.
- 3. Before calling the API, add metal and money to the list, and then use these symbols.
- 4- As a programming language, you can use JSON, Python, or PHP.
As a result, the following is the final result:
{
"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,
[...]
}
}
About Metals-API
Every day, thousands of developers, small businesses, and large corporations visit Metals-API. They can use this tool to quickly and easily obtain current global market prices for any metal. Metals-API is the leading source for real-time precious metals rates due to its reputable data sources, as this software collects data from approximately 15 reliable data sources each minute. The data is really accurate because it is obtained from banks and financial institutions.
Furthermore, all the data is available in a variety of programming languages, including JSON, Python, and PHP, you will receive all data in real-time and be able to incorporate it into an application or software.
Also published on Medium.