If you are looking for Tungsten live prices, this article will help you a lot with all the information.
Tungsten is a white metal with a silvery sheen. This metal has the highest melting point of all metals, and it is alloyed with others to make them stronger. Tungsten and its alloys are employed in a variety of high-temperature processes, including arc welding electrodes and furnace heating components. Its carbide is extremely hard and is used extensively in the metalworking, mining, and petroleum sectors.
Investors from all over the world are watching the insertion of this metal in the heavy industry. Many professionals affirm that tungsten can reach elevated values in 2025. As a result, the tungsten price fluctuates a lot. As a consequence, if you want this metal for your business, you will require a tool that supplies you with real-time data from the most well-known companies. Additionally, if you want to know when the best time to acquire this metal is, you must keep watch on current changes. This tool is an API.
What Is An API
It’s an Application Programming Interface that allows two applications on different computers to communicate with one other. A server receives data from any internet-connected device and distributes it to another server. Before being transferred back to your device, the data is checked and the required security protections are implemented. The computer then analyzes and presents the information.
Metals-API is a good choice if you require the most up-to-date prices. It’s the newest API for this purpose, and it supports a variety of metals and currencies. It gathers and updates all vital data from the world’s top financial firms every minute. It provides data on metal price changes as well as current pricing.
To suscribe, follow these steps:
- You may get an API key by going to www.metals-API.com.
- You may choose from a variety of Tungsten symbols (TUNGSTEN) and currency indicators on the site.
- Once metal and currency have been added to the list of symbols, make the API call.
The two coding languages accessible are JSON and PHP.
The following will be displayed:
{
"success": true,
"timestamp": 1519296206,
"base": "TUNGSTEN",
"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,
[...]
}
}
Why Metals-API
Metals-API is one of the most precise and reliable API tools available. It gathers information from roughly 15 reliable sources per minute. The data is provided by banks and financial institutions. As a consequence, you’ll have a good idea of how much it will cost.
More than 170 different currencies, commodities, and currencies are accepted. In addition, you count with differents languages codes like JSON(JavaScript Object Notation) that eliminates the need for each piece of software to develop its custom code to interface with servers that use a certain format.