If you are looking for an API that provides you hourly tungsten rates you must read this article.
Tungsten is a brilliantly gleaming silvery-white metal. This metal has the greatest melting point of any metal, and it is alloyed with other metals to make them stronger. Tungsten and its alloys are used in arc welding electrodes and furnace heating components, among other high-temperature applications. Because its carbide is extremely hard, it is used in sectors like metallurgy, mining, and oil and gas.
With bated breath, investors from all around the world await this metal’s debut into the heavy industry. Tungsten is expected to reach new highs in 2025, according to some researchers. However, only a few years ago, the price was incredibly low.
As a consequence, whether you want to invest in tungsten or if the price of tungsten affects your business, the simplest way to figure out when the ideal time to buy is to look at pricing data hour by hour. To obtain this information, you should use an application programming interface (API).
How To Get An API
An API connects two machines that must communicate to complete a task. This API may also be used to send and receive real-time queries. It’s becoming increasingly difficult to find a website, tool, or software that provides this type of data in real-time. Metals-API, the most comprehensive source of real-time tungsten hourly rates, is excellent for this objective.
To obtain hourly tungsten rates, follow these steps:
- To get an API key, go to www.metals-API.com.
- Tungsten (TUNGSTEN) may be found in any currency.
- Before connecting to the API with these symbols, add metal and currencies to your list. You may also choose from a variety of additional programming languages and price points.
- Hit the “run” button.
The API should look like this on your screen:
{
"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
Each day, thousands of developers, small businesses, and large corporations visit Metals-API. They can use this tool to quickly and easily obtain current global market values for any metal. This API is used by over 500 companies throughout the world, including Barrick Gold, Chainlink, and Glencore.
Metals-API is the most reliable source for real-time precious metals rates due to its reputable data sources, as this program collects data from roughly 15 reliable data sources each minute, such as banks and financial entities. The data is available in a variety of computer languages, including JSON, Python, and PHP, and you can use it to build real-time applications and software.