Are you looking for an API to get LME Steel Scrap Turkey rates in PHP? This article will assist you in obtaining the information you want.
Steel scrap is pre-melted steel that has been size and composition sorted. The quantity of rejected consumer products and worn-out industrial equipment grows as the globe becomes more industrialized. Scrap steel generates around 500 million tons of steel each year. Turkey produces more than 40% of all steel produced worldwide.
With this in mind, you should be aware that having access to Steel scrap prices might be critical to the success of your firm. This information in PHP may be obtained using an API, which is a user interface that exposes data collected from a certain location. This gives you a lot of information in a short amount of time.
How Does PHP Work
PHP is an abbreviation for Hypertext Preprocessor. PHP is a server-side programming language that may be used to create static, interactive, or web-based applications. PHP scripts can only be run on servers that have PHP installed. Client PCs just need a web browser to access the PHP programs.
PHP is not utilized by all APIs to transmit data. As a consequence, we propose Metals-API, one of the most well-known and comprehensive APIs for precious metals pricing, to assist you in making better investments. This will show you the current and historical metal prices. Price fluctuation data may also be used to investigate price changes. The information is provided in USD, Euro, and more than 170 additional currencies.
To obtain your API key, follow the steps:
- Go to www.metals-API.com.
- Watch for the LME Steel Scrap Turkey symbols on the website’s list (LME- SC).
- Insert these metal and currency symbols into the list before contacting the API. You may also select from many programming languages and rate kinds, such as historical and spot pricing.
- Finally, click the “Run” button.
The following information will be shown by the API:
// set API Endpoint and API key
$endpoint = 'latest';
$access_key = 'API_KEY';
// Initialize CURL:
$ch = curl_init('https://metals-api.com/api/'.$endpoint.'?access_key='.$access_key.'');
curl_setopt($ch, CURLOPT_RETURNTRANSFER, true);
// Store the data:
$json = curl_exec($ch);
curl_close($ch);
// Decode JSON response:
$exchangeRates = json_decode($json, true);
// Access the exchange rate values, e.g. GBP:
echo $exchangeRates['rates']['GBP'];
Why Metals-API
Metals-API is visited by a huge number of developers, small organizations, and major corporations every day. Over 500 companies, including Barrick Gold, Chainlink, and Glencore, use this API. They may use this tool to acquire current worldwide market pricing for any metal fast and conveniently.
Metals-API is the most trustworthy source for real-time precious metals rates since it receives data every minute from around 15 respectable data sources, such as financial institutions. To construct real-time apps and software from data, many programming languages, including JSON, Python, and PHP, may be employed.