Home
Blog
How to Get Ferro Silicon (FE-SI) prices using this API for your application

How to Get Ferro Silicon (FE-SI) prices using this API for your application

How to Get Ferro Silicon (FE-SI) prices using this API for your application

Introduction

In today's rapidly evolving digital landscape, the demand for real-time data in various industries is paramount. One such industry is the metals market, where accurate pricing information is crucial for decision-making. This blog post will explore how to get Ferro Silicon (FE-SI) prices using the Metals-API, a powerful tool that provides developers with the ability to access real-time and historical data on various metals, including Ferro Silicon. We will delve into the API's capabilities, its endpoints, and how it can be integrated into applications to enhance functionality and provide valuable insights.

Metals-API Information

About Ferro Silicon (FE-SI)

Ferro Silicon (FE-SI) is an essential alloy used in the production of steel and iron. It is primarily composed of silicon and iron and is known for its ability to improve the strength and quality of steel. As industries continue to embrace digital transformation, the demand for accurate and timely data on Ferro Silicon prices has surged. This is where technological innovation and advancement come into play.

The integration of smart technology and data analytics into the metals market has revolutionized how stakeholders access and utilize pricing information. With the rise of data-driven decision-making, businesses can leverage insights from real-time data to optimize their operations, manage risks, and forecast trends. The future of the metals market is undoubtedly intertwined with the capabilities of APIs like Metals-API, which empower developers to create next-generation applications that can analyze and interpret vast amounts of data.

API Description

The Metals-API is designed to provide developers with seamless access to real-time and historical metals data. This API enables users to retrieve exchange rates, historical prices, and other essential information related to various metals, including Ferro Silicon. By utilizing this API, developers can build applications that not only display current prices but also analyze trends over time, offering users a comprehensive view of the market.

One of the key advantages of the Metals-API is its ability to deliver data in real-time, allowing businesses to make informed decisions quickly. The API supports a wide range of endpoints, each tailored to specific functionalities, such as retrieving the latest rates, historical data, and even fluctuations over time. This level of detail and accessibility is crucial for developers looking to integrate robust metal pricing features into their applications.

Key Features and Endpoints

The Metals-API offers a variety of endpoints that cater to different needs within the metals market. Here are some of the key features and their potential applications:

  • Latest Rates Endpoint: This endpoint provides real-time exchange rate data for metals, updated every 60 minutes, 10 minutes, or even more frequently, depending on the subscription plan. Developers can use this endpoint to display the current price of Ferro Silicon and other metals in their applications.
  • Historical Rates Endpoint: Users can access historical rates dating back to 2019 by appending a specific date to the API call. This feature is invaluable for businesses that need to analyze past pricing trends to inform future decisions.
  • Bid And Ask Endpoint: This powerful feature allows developers to retrieve real-time bid and ask prices for metals. Understanding the bid-ask spread is essential for traders and businesses looking to optimize their buying and selling strategies.
  • Convert Endpoint: The Metals-API includes a currency conversion endpoint that enables users to convert amounts from one metal to another or to/from USD. This feature is particularly useful for businesses operating in multiple currencies.
  • Time-Series Endpoint: This endpoint allows users to query the API for daily historical rates between two specified dates. It is ideal for businesses looking to analyze trends over specific periods.
  • Fluctuation Endpoint: Users can track how metal prices fluctuate between two dates, providing insights into market volatility and helping businesses make informed decisions.
  • Carat Endpoint: This feature allows users to retrieve information about gold rates by carat, which can be useful for jewelers and businesses in the luxury goods sector.
  • Lowest/Highest Price Endpoint: This endpoint enables users to query the API for the lowest and highest prices of metals over a specified period, helping businesses identify market trends.
  • Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides open, high, low, and close prices for metals, which are essential for traders and analysts looking to understand market movements.
  • Historical LME Endpoint: This endpoint provides access to historical rates for LME symbols dating back to 2008, allowing businesses to analyze long-term trends.
  • API Key: Each user is assigned a unique API key that must be included in API requests to authenticate access.
  • API Response: The Metals-API delivers exchange rates relative to USD by default, ensuring consistency in data presentation.
  • Available Endpoints: The API offers a comprehensive list of endpoints, each designed to provide specific functionalities related to metals pricing.
  • Supported Symbols Endpoint: This endpoint returns all available currencies and metal symbols, allowing developers to stay updated on the latest offerings.
  • Gold Price India Endpoint: This dedicated endpoint retrieves the latest gold price in India, catering to businesses operating in that market.
  • News Endpoint: Users can access 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. For a complete list of all supported symbols and their specifications, refer to the Metals-API Supported Symbols page. This resource is invaluable for developers looking to integrate specific metal pricing into their applications.

API Endpoint Examples and Responses

Understanding the API's response structure is crucial for effective integration. Below are examples of various endpoints and their corresponding JSON responses:

Latest Rates Endpoint

Get real-time exchange rates for all available metals.

{
    "success": true,
    "timestamp": 1747792880,
    "base": "USD",
    "date": "2025-05-21",
    "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"
}

Historical Rates Endpoint

Access historical exchange rates for any date since 1999.

{
    "success": true,
    "timestamp": 1747706480,
    "base": "USD",
    "date": "2025-05-20",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

Time-series Endpoint

Get exchange rates for a specific time period.

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-05-14",
    "end_date": "2025-05-21",
    "base": "USD",
    "rates": {
        "2025-05-14": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-05-16": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-05-21": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

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": 1747792880,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

Fluctuation Endpoint

Track rate fluctuations between two dates.

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-05-14",
    "end_date": "2025-05-21",
    "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"
}

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

Get OHLC data for a specific time period.

{
    "success": true,
    "timestamp": 1747792880,
    "base": "USD",
    "date": "2025-05-21",
    "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"
}

Bid/Ask Endpoint

Get current bid and ask prices for metals.

{
    "success": true,
    "timestamp": 1747792880,
    "base": "USD",
    "date": "2025-05-21",
    "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"
}

Conclusion

The Metals-API is a transformative tool for developers looking to integrate real-time and historical metals data into their applications. By leveraging the API's extensive features, including the latest rates, historical data, and fluctuation tracking, businesses can gain valuable insights into the metals market, including Ferro Silicon pricing. The ability to access this data in real-time allows for informed decision-making, risk management, and strategic planning.

As industries continue to embrace digital transformation, the integration of APIs like Metals-API will play a crucial role in shaping the future of the metals market. Developers are encouraged to explore the Metals-API Documentation for detailed information on how to implement these features effectively. By understanding the capabilities of the API and utilizing its endpoints, businesses can stay ahead of the curve in a competitive market.

For a comprehensive list of supported symbols, visit the Metals-API Supported Symbols page. Embrace the power of real-time data and unlock the potential of your applications with the Metals-API.

Ready to use Metals-API?

Try it now!

Search

Recent Posts