If you want to get Cooper rates from LME, you should read this article because we have the greatest API for you.
First, copper is mostly utilized in electrical equipment like wires and motors. This is due to the fact that it transmits heat and electricity well and can be dragged into wires. It’s also used in buildings (for example, roofing and plumbing) and industrial machines (such as heat exchangers).
This data indicates how copper is essential for many sectors. That’s why if you want to know the latest prices worldwide, you should obtain the prices from the London Metal Exchange (LME)
What Is LME?
The London Metal Exchange (LME) is a futures and forwards exchange with the largest market for standardized base metals forward contracts, futures contracts, and options in the world. There are also contracts for ferrous metals and precious metals on the market. Marketable metals include aluminum, copper, gold, silver, cobalt, and zinc.
If you want to invest or make financial decisions, you must keep up with metal prices. As a result, we recommend that you use an API (application programming interface) to get real-time data.
An API helps you retrieve information in a specific format to send to your customers. This helps you gain access to some of the most recent and most up-to-date trading data by point of contact.
However, not all software provides rates from LME, obtaining this type of technology can be difficult. As a result, we recommend Metals-API, which is the most detailed and comprehensive.
To get your one-of-a-kind API key, follow these steps:
- Visit www.metals-API.com to register.
- Look for the symbols for LME on the website’s list.
- To add metal and money to the list, use these symbols, then contact the API. You can also pick from a variety of programming languages and rate types, including historical and spot pricing.
- The website will immediately supply you with the API you requested.
Why Metals-API?
Metals-API is a simple, lightweight API that provides real-time market prices for any metal. You can take advantage of the current market trend, whether it’s rising or falling. Once you’re on the platform, you are able to access more data about the past in a more digestible way.
With an ever-growing number of released metals, this API allows for many different uses including spreadsheets, websites, mobile apps, and other corporate applications that all stand to benefit from up-to-date pricing information.
Metals-API will provide you with the latest market rates. Plus, it’ll take care of historical pricing. More than 24 metal types are supported, including aluminum, brass, copper, gold, magnesium, molybdenum, nickel, platinum, silver, steel, and more.
Also published on Medium.