Retrieve real-time LME Steel Scrap CFR Turkey (STEEL-SC) prices using this API

Introduction

In the rapidly evolving landscape of metal markets, the ability to retrieve real-time LME Steel Scrap CFR Turkey (STEEL-SC) prices is crucial for stakeholders ranging from manufacturers to traders. The Metals-API offers a robust solution for accessing this vital data, enabling developers to create applications that leverage real-time insights and analytics. This blog post will delve into the significance of the STEEL-SC symbol, explore the transformative potential of the Metals-API, and provide a comprehensive overview of its features and capabilities.

About LME Steel Scrap CFR Turkey (STEEL-SC)

The LME Steel Scrap CFR Turkey price is a critical indicator in the global steel market, reflecting the cost of scrap metal delivered to Turkey. As digital transformation reshapes the metal industry, the integration of technology and data analytics becomes paramount. The STEEL-SC symbol represents not just a price point but a gateway to understanding market dynamics influenced by supply chain fluctuations, geopolitical events, and economic trends.

Digital Transformation in Metal Markets

Digital transformation is revolutionizing how metal markets operate. With the advent of advanced technologies, stakeholders can now access real-time data, enabling informed decision-making. The Metals-API plays a pivotal role in this transformation by providing developers with the tools necessary to build applications that can analyze and visualize market trends effectively.

Technological Innovation and Advancement

Technological advancements in data analytics and smart technology integration are reshaping the landscape of metal trading. The Metals-API allows users to tap into a wealth of information, including historical rates, bid and ask prices, and fluctuation data, all of which can be utilized to forecast future trends and make strategic decisions.

Data Analytics and Insights

Data analytics is at the heart of modern trading strategies. By leveraging the Metals-API, developers can create applications that provide deep insights into market behavior. For instance, the API's historical rates endpoint allows users to analyze price movements over time, identifying patterns that can inform trading strategies.

Smart Technology Integration

Integrating smart technologies with real-time data is essential for staying competitive in the metal market. The Metals-API supports various endpoints that facilitate seamless integration with existing systems, allowing businesses to automate processes and enhance operational efficiency.

Future Trends and Possibilities

As the metal market continues to evolve, the potential for innovation is vast. The Metals-API positions developers to harness emerging technologies, such as machine learning and artificial intelligence, to predict market trends and optimize trading strategies. The ability to access real-time data will be a game-changer for businesses looking to maintain a competitive edge.

API Description

The Metals-API is a powerful tool designed to provide developers with real-time access to metal prices and currency conversion data. Its capabilities extend beyond mere price retrieval; it empowers users to build next-generation applications that can analyze, visualize, and predict market trends. With a focus on innovation and technological advancement, the Metals-API is transforming how businesses interact with metal market data.

Key Features and Endpoints

The Metals-API offers a comprehensive suite of features that cater to various needs within the metal trading ecosystem. Below are some of the key endpoints and their functionalities:

Latest Rates Endpoint

The Latest Rates endpoint provides real-time exchange rate data for metals, updated based on the user's subscription plan. This endpoint is essential for traders who need immediate access to current market prices.

{
    "success": true,
    "timestamp": 1759057236,
    "base": "USD",
    "date": "2025-09-28",
    "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

Accessing historical rates is crucial for analyzing market trends over time. The Historical Rates endpoint allows users to retrieve data dating back to 2019, enabling comprehensive analysis of price movements.

{
    "success": true,
    "timestamp": 1758970836,
    "base": "USD",
    "date": "2025-09-27",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

Bid And Ask Endpoint

The Bid and Ask endpoint provides real-time bid and ask prices for metals, allowing traders to make informed decisions based on current market conditions. This feature is particularly valuable for those looking to execute trades at optimal prices.

{
    "success": true,
    "timestamp": 1759057236,
    "base": "USD",
    "date": "2025-09-28",
    "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"
}

Convert Endpoint

The Convert endpoint allows users to convert amounts between different metals or to/from USD. This feature is essential for traders who deal with multiple currencies and need to assess the value of their holdings accurately.

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1759057236,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

Time-Series Endpoint

The Time-Series endpoint enables users to query daily historical rates between two specified dates. This functionality is particularly useful for analyzing trends over specific periods and making data-driven decisions.

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-09-21",
    "end_date": "2025-09-28",
    "base": "USD",
    "rates": {
        "2025-09-21": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-09-23": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-09-28": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

Fluctuation Endpoint

The Fluctuation endpoint provides insights into how metal prices fluctuate over a specified period. This data is invaluable for traders looking to understand market volatility and make informed trading decisions.

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-09-21",
    "end_date": "2025-09-28",
    "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"
}

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

The OHLC endpoint provides open, high, low, and close prices for a specific time period, offering a comprehensive view of market performance. This data is crucial for traders who rely on technical analysis to inform their strategies.

{
    "success": true,
    "timestamp": 1759057236,
    "base": "USD",
    "date": "2025-09-28",
    "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"
}

Historical LME Endpoint

The Historical LME endpoint provides access to historical rates for LME symbols dating back to 2008. This feature is essential for users looking to conduct in-depth analyses of long-term market trends.

Authentication and API Key

To access the Metals-API, users must obtain an API key, which is passed into the API base URL's access_key parameter. This key ensures secure access to the API's features and functionalities.

API Response Structure

The API delivers exchange rates relative to USD by default. Each response includes a success status, a timestamp, the base currency, and the rates for various metals. Understanding the structure of the API response is crucial for developers to effectively utilize the data.

Common Use Cases

The Metals-API can be employed in various scenarios, including:

• Building trading platforms that require real-time pricing data.
• Creating analytical tools for market research and forecasting.
• Integrating with existing financial systems to automate trading processes.

Performance Optimization and Scaling

When integrating the Metals-API into applications, developers should consider performance optimization strategies, such as caching frequently accessed data and implementing efficient error handling mechanisms. This ensures that applications remain responsive and reliable, even under heavy load.

Security Best Practices

Security is paramount when dealing with financial data. Developers should implement best practices such as using HTTPS for API requests, validating input data, and regularly rotating API keys to mitigate potential security risks.

Conclusion

The Metals-API represents a significant advancement in how developers can access and utilize real-time metal pricing data, including the LME Steel Scrap CFR Turkey (STEEL-SC) prices. By leveraging its extensive features, such as the Latest Rates, Historical Rates, and Bid and Ask endpoints, developers can create powerful applications that drive informed decision-making in the metal market. As digital transformation continues to reshape the industry, the potential for innovation and growth is immense. For more information, explore the Metals-API Documentation and discover the full range of supported symbols on the Metals-API Supported Symbols page.