Do you need an API that gives you aluminum pricing in tonnes? This information will be highly useful to you!
The world’s top ten aluminum-producing countries continue to dominate global output, with China, Russia, and India leading the way. The increasing output in the worldwide aluminum market reflects the high demand from downstream sectors such as automotive, electrical applications, construction, and consumer goods.
As long as the use of aluminum in various industries stays high, commercial prospects in the world’s top aluminum-producing countries are projected to grow soon. However, like with other metals and commodities, the real fighting in Ukraine might affect pricing.
Pay close attention to how values fluctuate over time and how they relate to current expenses if you work with aluminum in your sector. This research is vital for making the most of your investment. As a result, a programming interface will be required (API).
What Is An API?
This is a programming tool that allows two programs to communicate with one another. Many of them are accessible over the internet, albeit not all of them provide the same information. As a result, to avoid wasting your time with an unpleasant encounter, you must exercise caution while making judgments.
Finally, we strongly advise you to use Metals-API, which is quickly becoming one of the most popular and comprehensive APIs for precious metal prices. This tool may provide you with a variety of metals and currencies for use on your website.
To sign up, follow this steps:
- You can obtain your API key by visiting www.metals-API.com.
- Look for the Aluminum symbol (ALU) as well as the currency sign of your choice.
- Use these icons to add metal and currency to the list before making the API call. You can also choose the programming language and the price range.
- Now you press the “run” button and you’re finished! The API will appear on your screen.
- In contrast, this API provides rates in troy ounces. To convert from kilos to tonnes, multiply the Metals-API rate by 3.11035e-5. Following that, you will be provided with the pricing you require.
Which Are The Benefits Of Metals-API
Metals-API was created as a simple, lightweight Open-Source API that allowed banks to obtain current and historical precious metals prices. This API can provide real-time precious metals data with an accuracy of 2 decimal points and a frequency of up to 60 seconds. It is used by companies such as the well-known Barrick Gold.
These features include giving precious metals exchange rates, currency conversion, and Time-Series data, volatility statistics, and daily low and high prices. The Metals-API can provide precise precious metal currency exchange data in over 170 currencies worldwide, including Bitcoin and other major cryptocurrencies.