Download US Steel Coil Futures (STEEL-US) Historical Prices using this API

In the ever-evolving landscape of metal markets, the ability to access and analyze historical price data is crucial for traders, analysts, and developers alike. The Metals-API provides a powerful solution for obtaining historical prices for various metals, including US Steel Coil Futures (STEEL-US). This blog post delves into the capabilities of the Metals-API, focusing on how to retrieve historical prices and the transformative potential of real-time metals data.

Understanding Metals-API

The Metals-API is a comprehensive JSON API that offers real-time and historical data for a wide range of metals. It empowers developers to build next-generation applications that require accurate and timely information. With a focus on technological innovation and data analytics, the Metals-API is designed to meet the needs of technically proficient API developers.

About US Steel Coil Futures (STEEL-US)

US Steel Coil Futures (STEEL-US) represent a significant segment of the metal market, reflecting the price of steel coils traded on futures exchanges. Understanding the historical price movements of STEEL-US is essential for making informed trading decisions. The Metals-API provides a seamless way to access this data, enabling users to analyze trends, fluctuations, and market dynamics over time.

Digital Transformation in Metal Markets

The integration of digital technologies in metal markets has transformed how data is accessed and utilized. The Metals-API exemplifies this transformation by providing developers with the tools to harness real-time data for analysis and decision-making. As the demand for transparency and accuracy in trading increases, APIs like Metals-API are becoming indispensable.

Technological Innovation and Advancement

Metals-API leverages cutting-edge technology to deliver accurate and timely data. With features such as the Latest Rates Endpoint, users can access real-time exchange rate data updated at intervals based on their subscription plan. This capability is crucial for traders who need to make quick decisions based on the latest market conditions.

Data Analytics and Insights

Data analytics plays a pivotal role in understanding market trends. The Metals-API allows users to query historical rates by appending a date, enabling them to analyze price movements over time. For instance, the Historical Rates Endpoint provides access to historical exchange rates for any date since 1999, allowing users to track price changes and identify patterns.

Smart Technology Integration

Integrating smart technology into trading applications enhances the user experience and improves decision-making. The Metals-API supports various endpoints that facilitate this integration. For example, the Convert Endpoint allows users to convert amounts from one metal to another or to/from USD, streamlining the trading process.

Future Trends and Possibilities

As the metal markets continue to evolve, the potential for innovation remains vast. The Metals-API is at the forefront of this evolution, offering features that cater to the changing needs of traders and developers. With endpoints like the Time-Series Endpoint, users can query the API for daily historical rates between two dates of their choice, enabling comprehensive analysis of market trends.

Key Features of Metals-API

The Metals-API boasts a range of features that enhance its functionality and usability:

Latest Rates Endpoint: Provides real-time exchange rate data updated every 60 minutes, every 10 minutes, or more frequently, depending on the subscription plan.
Historical Rates Endpoint: Access historical rates for most currencies dating back to 2019, allowing users to analyze past price movements.
Bid And Ask Endpoint: Retrieve real-time Bid and Ask prices, a powerful feature for traders looking to make informed decisions.
Convert Endpoint: Convert any amount from one currency to another, facilitating seamless transactions.
Time-Series Endpoint: Query daily historical rates between two dates, providing insights into price trends over time.
Fluctuation Endpoint: Track how currencies fluctuate on a day-to-day basis, helping users understand market volatility.
Carat Endpoint: Retrieve information about Gold rates by Carat, catering to specific trading needs.
Lowest/Highest Price Endpoint: Get the lowest and highest price for a specified date, aiding in market analysis.
Open/High/Low/Close (OHLC) Price Endpoint: Access open, high, low, and close prices for a specific date, essential for technical analysis.
Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, providing a comprehensive view of market trends.
API Key: A unique key required for accessing the API, ensuring secure and authorized usage.
API Response: Exchange rates are delivered relative to USD, with all data returned in a structured format.
Supported Symbols Endpoint: Access a constantly updated list of all available currencies and metals.
Gold Price India Endpoint: Retrieve the latest gold price in India, catering to regional trading needs.
News Endpoint: Get the latest news articles related to various metals, keeping users informed about market developments.

API Endpoint Examples and Responses

Understanding the API responses is crucial for effective implementation. Below are examples of various endpoints and their responses:

Latest Rates Endpoint

{
    "success": true,
    "timestamp": 1749254632,
    "base": "USD",
    "date": "2025-06-07",
    "rates": {
        "XAU": 0.000482,
        "XAG": 0.03815,
        "XPT": 0.000912,
        "XPD": 0.000744,
        "XCU": 0.294118,
        "XAL": 0.434783,
        "XNI": 0.142857,
        "XZN": 0.344828
    },
    "unit": "per troy ounce"
}

The response includes a success flag, a timestamp, the base currency, the date of the rates, and the rates for various metals. This information is essential for traders looking to make quick decisions based on the latest market data.

Historical Rates Endpoint

{
    "success": true,
    "timestamp": 1749168232,
    "base": "USD",
    "date": "2025-06-06",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

This endpoint allows users to access historical rates for any date since 1999. The response structure is similar to the latest rates, providing a consistent format for developers.

Time-Series Endpoint

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-05-31",
    "end_date": "2025-06-07",
    "base": "USD",
    "rates": {
        "2025-05-31": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-06-02": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-06-07": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

The time-series endpoint provides a historical view of rates over a specified period, enabling users to analyze trends and fluctuations effectively.

Convert Endpoint

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1749254632,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

This endpoint allows users to convert amounts between different metals or currencies. The response includes the conversion details, making it easy for developers to implement currency conversion features in their applications.

Fluctuation Endpoint

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-05-31",
    "end_date": "2025-06-07",
    "base": "USD",
    "rates": {
        "XAU": {
            "start_rate": 0.000485,
            "end_rate": 0.000482,
            "change": -3.0e-6,
            "change_pct": -0.62
        },
        "XAG": {
            "start_rate": 0.03825,
            "end_rate": 0.03815,
            "change": -0.0001,
            "change_pct": -0.26
        },
        "XPT": {
            "start_rate": 0.000915,
            "end_rate": 0.000912,
            "change": -3.0e-6,
            "change_pct": -0.33
        }
    },
    "unit": "per troy ounce"
}

The fluctuation endpoint provides insights into how rates change over time, which is crucial for understanding market volatility and making informed trading decisions.

OHLC (Open/High/Low/Close) Price Endpoint

{
    "success": true,
    "timestamp": 1749254632,
    "base": "USD",
    "date": "2025-06-07",
    "rates": {
        "XAU": {
            "open": 0.000485,
            "high": 0.000487,
            "low": 0.000481,
            "close": 0.000482
        },
        "XAG": {
            "open": 0.03825,
            "high": 0.0383,
            "low": 0.0381,
            "close": 0.03815
        },
        "XPT": {
            "open": 0.000915,
            "high": 0.000918,
            "low": 0.00091,
            "close": 0.000912
        }
    },
    "unit": "per troy ounce"
}

This endpoint is essential for traders who rely on technical analysis, providing open, high, low, and close prices for a specific date.

Bid/Ask Endpoint

{
    "success": true,
    "timestamp": 1749254632,
    "base": "USD",
    "date": "2025-06-07",
    "rates": {
        "XAU": {
            "bid": 0.000481,
            "ask": 0.000483,
            "spread": 2.0e-6
        },
        "XAG": {
            "bid": 0.0381,
            "ask": 0.0382,
            "spread": 0.0001
        },
        "XPT": {
            "bid": 0.000911,
            "ask": 0.000913,
            "spread": 2.0e-6
        }
    },
    "unit": "per troy ounce"
}

The bid/ask endpoint provides current bid and ask prices, which are crucial for traders looking to execute orders at the best possible prices.

Common Developer Questions

As developers integrate the Metals-API into their applications, they may encounter common questions regarding its usage:

How do I authenticate with the Metals-API? You need to include your unique API key in the access_key parameter of the API base URL.
What are the rate limits for API requests? Rate limits depend on your subscription plan, so it's essential to review the plan details to avoid exceeding limits.
How can I handle errors in API responses? Implement error handling to manage different response scenarios, such as invalid parameters or rate limit exceeded errors.

Performance Optimization and Scaling

To ensure optimal performance when using the Metals-API, consider the following strategies:

Caching: Implement caching mechanisms to store frequently accessed data, reducing the number of API calls and improving response times.
Batch Requests: If your application requires multiple data points, consider batching requests to minimize the number of individual API calls.
Asynchronous Processing: Use asynchronous processing to handle API requests, allowing your application to remain responsive while waiting for data.

Security Considerations

When integrating the Metals-API, it's crucial to prioritize security:

API Key Management: Keep your API key secure and do not expose it in client-side code.
Data Validation: Validate all incoming data to prevent injection attacks and ensure data integrity.
Rate Limiting: Monitor your API usage to avoid exceeding rate limits, which can lead to temporary bans.

Conclusion

The Metals-API is a powerful tool for accessing historical prices and real-time data for metals, including US Steel Coil Futures (STEEL-US). By leveraging its extensive features, developers can build innovative applications that provide valuable insights into market trends and fluctuations. With a focus on technological advancement and data analytics, the Metals-API is poised to play a significant role in the future of metal markets.

For more information on how to get started, refer to the Metals-API Documentation and explore the Metals-API Supported Symbols for a comprehensive list of available metals. The Metals-API Website offers additional resources and support for developers looking to integrate this powerful API into their applications.

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Download US Steel Coil Futures (STEEL-US) Historical Prices using this API