Find LME Steel Rebar FOB Turkey (STEEL-RE) prices easily using this API

Introduction

In the ever-evolving landscape of metal markets, the ability to access real-time data is paramount for developers and businesses alike. The LME Steel Rebar FOB Turkey (STEEL-RE) prices are a critical component of this market, reflecting the dynamics of supply and demand in the steel industry. With the advent of APIs, particularly the Metals-API, accessing and analyzing these prices has never been easier. This blog post delves into the significance of LME Steel Rebar prices, the transformative power of the Metals-API, and how developers can leverage its capabilities to build innovative applications.

Metals-API Information

About LME Steel Rebar FOB Turkey (STEEL-RE)

The LME Steel Rebar FOB Turkey price serves as a benchmark for steel prices in the region, influenced by various factors including market demand, production costs, and international trade dynamics. As the construction industry continues to grow, understanding these prices becomes essential for stakeholders. The digital transformation in metal markets has paved the way for technological innovations that enhance data analytics and insights, enabling businesses to make informed decisions.

Technological advancements have integrated smart technology into the metal markets, allowing for real-time tracking of prices and trends. The future of steel pricing is likely to be shaped by data-driven insights, where predictive analytics and machine learning algorithms will play a crucial role in forecasting price movements and market trends.

API Description

The Metals-API is a powerful tool that provides developers with access to real-time metals data, including LME Steel Rebar prices. This API empowers developers to build next-generation applications that can analyze and visualize metal prices, making it easier to track market trends and fluctuations. With its robust features, the Metals-API is designed to cater to the needs of technically proficient developers looking to integrate metal pricing data into their applications.

One of the standout features of the Metals-API is its ability to deliver real-time exchange rate data, updated frequently based on the user's subscription plan. This ensures that developers have access to the most current information available, which is crucial for making timely decisions in a fast-paced market.

For more detailed information on how to utilize the API, developers can refer to the Metals-API Documentation, which provides comprehensive guidance on implementation and usage.

Key Features and Endpoints

The Metals-API offers a variety of endpoints that cater to different needs within the metal pricing ecosystem. Here are some of the key features:

• Latest Rates Endpoint: This endpoint provides real-time exchange rate data for metals, updated according to the subscription plan. Developers can easily access the latest prices for LME Steel Rebar and other metals, allowing for immediate analysis and decision-making.
• Historical Rates Endpoint: For those interested in analyzing trends over time, the historical rates endpoint allows access to data dating back to 2019. By appending a specific date to the API call, developers can retrieve historical pricing data, which is invaluable for market analysis and forecasting.
• Bid And Ask Endpoint: This feature enables developers to retrieve real-time bid and ask prices for metals, providing insights into market liquidity and pricing dynamics.
• Convert Endpoint: The conversion endpoint allows for seamless currency conversion between different metals and USD, making it easier for developers to handle transactions and pricing in various currencies.
• Time-Series Endpoint: Developers can query the API for daily historical rates between two dates of their choice, facilitating in-depth analysis of price movements over specific periods.
• Fluctuation Endpoint: This endpoint provides information on how metal prices fluctuate on a day-to-day basis, allowing developers to track volatility and make informed trading decisions.
• Carat Endpoint: For those interested in precious metals, the carat endpoint provides information about gold rates by carat, which is essential for jewelers and investors alike.
• Lowest/Highest Price Endpoint: This feature allows developers to query the API for the lowest and highest prices of metals over a specified period, providing insights into market extremes.
• Open/High/Low/Close (OHLC) Price Endpoint: Developers can access open, high, low, and close prices for metals, which are crucial for technical analysis and trading strategies.
• Historical LME Endpoint: This endpoint provides access to historical rates for LME symbols dating back to 2008, allowing for extensive historical analysis.
• API Key: Each user is provided with a unique API key that must be included in API requests to authenticate access.
• API Response: The API delivers exchange rates relative to USD by default, ensuring consistency in data interpretation.
• Available Endpoints: The Metals-API offers a comprehensive list of endpoints, each designed to fulfill specific data needs.
• Supported Symbols Endpoint: This endpoint returns all available metal symbols, allowing developers to stay updated on the latest offerings.
• Gold Price India Endpoint: For users interested in the Indian market, this endpoint provides the latest gold prices in India.
• News Endpoint: Developers can retrieve the latest news articles related to various metals, keeping them informed about market developments.

List of Symbols

The Metals-API provides access to a comprehensive range of metal symbols, including but not limited to:

• XAU - Gold
• XAG - Silver
• XPT - Platinum
• XPD - Palladium

For a complete list of all supported symbols and their specifications, refer to the Metals-API Supported Symbols page.

API Endpoint Examples and Responses

Understanding how to interpret API responses is crucial for effective implementation. Below are examples of various API responses for different endpoints:

Latest Rates Endpoint

Get real-time exchange rates for all available metals:

{
    "success": true,
    "timestamp": 1749687056,
    "base": "USD",
    "date": "2025-06-12",
    "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"
}

In this response, the "rates" object contains the current prices for various metals, with the base currency being USD. Each metal symbol corresponds to its latest price per troy ounce.

Historical Rates Endpoint

Access historical exchange rates for any date since 1999:

{
    "success": true,
    "timestamp": 1749600656,
    "base": "USD",
    "date": "2025-06-11",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

This response provides historical pricing data for a specific date, allowing developers to analyze trends over time.

Time-series Endpoint

Get exchange rates for a specific time period:

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-06-05",
    "end_date": "2025-06-12",
    "base": "USD",
    "rates": {
        "2025-06-05": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-06-07": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-06-12": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

This response illustrates how to retrieve rates over a specified time period, enabling developers to visualize price movements effectively.

Convert Endpoint

Convert any amount from one metal to another or to/from USD:

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1749687056,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

This response shows how to convert a specified amount from USD to gold (XAU), providing both the conversion rate and the result.

Fluctuation Endpoint

Track rate fluctuations between two dates:

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-06-05",
    "end_date": "2025-06-12",
    "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"
}

This response provides insights into how prices have changed over a specified period, highlighting both absolute and percentage changes.

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

Get OHLC data for a specific time period:

{
    "success": true,
    "timestamp": 1749687056,
    "base": "USD",
    "date": "2025-06-12",
    "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 response provides a comprehensive view of the price movement for metals over a specific day, essential for traders and analysts.

Bid/Ask Endpoint

Get current bid and ask prices for metals:

{
    "success": true,
    "timestamp": 1749687056,
    "base": "USD",
    "date": "2025-06-12",
    "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"
}

This response provides the current bid and ask prices for metals, which are crucial for traders looking to execute buy or sell orders.

Conclusion

The Metals-API is a transformative tool for developers looking to access real-time data on LME Steel Rebar FOB Turkey prices and other metals. By leveraging its various endpoints, developers can create applications that provide valuable insights into market trends, historical data, and price fluctuations. The integration of smart technology and data analytics into the metal markets is paving the way for a more informed and responsive trading environment.

As the industry continues to evolve, the importance of real-time data will only grow. Developers are encouraged to explore the capabilities of the Metals-API and utilize the Metals-API Documentation for detailed guidance on implementation. For a complete list of supported symbols, visit the Metals-API Supported Symbols page. Embrace the future of metal pricing with the Metals-API and unlock new possibilities for your applications.