Are you looking for a service to see the price of nickel in Japanese yen? If your answer is yes, we recommend you continue reading this post!
Nickel is a metallic chemical element, located in group 10 of the Periodic Table and represented by the symbol “Ni”. Its atomic number is 28 and it is part of the so-called “transition metals”, such as zinc, cadmium or mercury. It is the second most abundant metal on Earth. The main nickel mines in the world are located in Canada, Cuba and Russia, countries that satisfy 70% of the world’s demand for this metal.
Nickel is widely used in metallurgy, in alloys of iron, silver and other metals, which it protects against corrosion. Stainless steel is thus obtained, among other super alloys, such as copper-nickel (Monel), nickel-titanium (nitinol-55), nickel-iron (mu-metal) and alnico (aluminum-nickel-cobalt alloy) from which magnets are made. It is also widely used in the manufacture of coins.
Another significant fact about this metal is that China, the United States and Japan use 73% of this material, which is increasingly in demand due to the adoption of battery technologies with nickel-rich cathodes. In Japan, for example, it is used primarily in NiMH batteries used in hybrid electric vehicles (HEVs), with much smaller batteries. In this way, if you are Japanese and you own some automotive industry, surely you want to be up to date with nickel prices.
For this, we will use the Metals-API.
With this service, you will be able to obtain the prices of almost all the metals that exist on planet Earth, including nickel, obviously. But in addition, it allows you to make automatic conversions between 170 currencies from all over the world and due to the importance of the Japanese yen, it could not be left behind. Also, you will be able to obtain prices with two decimal places of precision and a refresh rate of up to 60 seconds.
Are the data reliable?
Absolutely. Currently, Metals-API works with 16 sources of international prestige such as the London Metal Exchange (LME), the mining company Barrick Gold, Mansour, Metex, among others.
Is my connection secure? Is my data safe?
It knows that security comes first and that’s why your connection to the Metals-API is encrypted using bank-grade 256-bit SSL Encryption. In other words, your data (especially bank data) will be highly protected.
Is it free?
Yes, and no. Metals-API has a free plan but this one has its limitations. Visit its website to see available plans.
Also published on Medium.