Understanding LME Steel HRC FOB China (STEEL-HR) Historical Prices using this API
Understanding LME Steel HRC FOB China (STEEL-HR) Historical Prices using this API
In the rapidly evolving landscape of metal markets, understanding the historical prices of LME Steel HRC FOB China (STEEL-HR) is crucial for developers and analysts alike. The Metals-API provides a robust platform for accessing real-time and historical data, enabling users to make informed decisions based on comprehensive analytics. This blog post will delve into the capabilities of the Metals-API, focusing on how it empowers developers to retrieve and analyze historical prices effectively.
About LME Steel HRC FOB China (STEEL-HR)
LME Steel HRC FOB China is a critical benchmark in the global steel market, reflecting the price of hot-rolled coil steel. As industries undergo digital transformation, the integration of technological innovations and data analytics becomes essential. The Metals-API stands at the forefront of this transformation, offering developers the tools needed to harness real-time metals data and gain insights into market trends.
With the rise of smart technology integration, the Metals-API allows for seamless access to historical price data, enabling users to explore future trends and possibilities. By leveraging this API, developers can create applications that not only track current prices but also analyze historical data to forecast market movements.
API Description
The Metals-API is a powerful tool designed for developers seeking to access metals prices and currency conversion data. With a focus on innovation and technological advancement, this API provides real-time data that can be integrated into various applications. The API's capabilities include:
- Real-time exchange rate data
- Historical rates dating back to 2019
- Bid and ask prices for metals
- Currency conversion functionalities
- Time-series data for comprehensive analysis
- Fluctuation tracking between dates
- Open, high, low, and close (OHLC) price data
- Access to news articles related to metals
For more detailed information, developers can refer to the Metals-API Documentation.
Key Features and Endpoints
The Metals-API offers a variety of endpoints that cater to different needs. Hereβs a closer look at some of the key features:
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 applications that require up-to-the-minute pricing information. For instance, if a developer is building a trading application, they can utilize this endpoint to display the latest prices for LME Steel HRC FOB China.
{
"success": true,
"timestamp": 1777335526,
"base": "USD",
"date": "2026-04-28",
"rates": {
"STEEL-HR": 0.000482
},
"unit": "per ton"
}
Historical Rates Endpoint
Accessing historical rates is crucial for market analysis. The Historical Rates endpoint allows users to query prices for specific dates, providing insights into price trends over time. This is particularly useful for developers creating analytical tools that require historical data for forecasting.
{
"success": true,
"timestamp": 1777249126,
"base": "USD",
"date": "2026-04-27",
"rates": {
"STEEL-HR": 0.000485
},
"unit": "per ton"
}
Bid And Ask Endpoint
The Bid and Ask endpoint is a powerful feature that enables developers to retrieve real-time bid and ask prices for metals. This information is vital for traders who need to make quick decisions based on market conditions.
{
"success": true,
"timestamp": 1777335526,
"base": "USD",
"date": "2026-04-28",
"rates": {
"STEEL-HR": {
"bid": 0.000481,
"ask": 0.000483,
"spread": 2.0e-6
}
},
"unit": "per ton"
}
Convert Endpoint
The Convert endpoint allows users to convert amounts between different metals or to/from USD. This feature is particularly useful for applications that require currency conversion for pricing or trading purposes.
{
"success": true,
"query": {
"from": "USD",
"to": "STEEL-HR",
"amount": 1000
},
"info": {
"timestamp": 1777335526,
"rate": 0.000482
},
"result": 0.482,
"unit": "tons"
}
Time-Series Endpoint
The Time-Series endpoint allows users to query daily historical rates between two dates. This is particularly useful for developers who want to analyze trends over specific periods.
{
"success": true,
"timeseries": true,
"start_date": "2026-04-21",
"end_date": "2026-04-28",
"base": "USD",
"rates": {
"2026-04-21": {
"STEEL-HR": 0.000485
},
"2026-04-28": {
"STEEL-HR": 0.000482
}
},
"unit": "per ton"
}
Fluctuation Endpoint
The Fluctuation endpoint provides information about how prices fluctuate on a day-to-day basis. This is essential for developers who need to track volatility in the market.
{
"success": true,
"fluctuation": true,
"start_date": "2026-04-21",
"end_date": "2026-04-28",
"base": "USD",
"rates": {
"STEEL-HR": {
"start_rate": 0.000485,
"end_rate": 0.000482,
"change": -3.0e-6,
"change_pct": -0.62
}
},
"unit": "per ton"
}
Open/High/Low/Close (OHLC) Price Endpoint
The OHLC Price endpoint allows users to get the open, high, low, and close prices for a specific time period. This data is crucial for technical analysis and can help traders make informed decisions.
{
"success": true,
"timestamp": 1777335526,
"base": "USD",
"date": "2026-04-28",
"rates": {
"STEEL-HR": {
"open": 0.000485,
"high": 0.000487,
"low": 0.000481,
"close": 0.000482
}
},
"unit": "per ton"
}
Historical LME Endpoint
The Historical LME endpoint provides access to historical rates for LME symbols dating back to 2008. This endpoint is particularly valuable for developers looking to analyze long-term trends in the steel market.
{
"success": true,
"timestamp": 1777249126,
"base": "USD",
"date": "2026-04-27",
"rates": {
"STEEL-HR": 0.000485
},
"unit": "per ton"
}
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.
Conclusion
In conclusion, the Metals-API offers a powerful suite of tools for developers looking to access and analyze historical prices of LME Steel HRC FOB China. By leveraging the various endpoints, developers can create applications that provide real-time data, historical insights, and comprehensive analytics. The ability to track fluctuations, convert currencies, and access OHLC data empowers users to make informed decisions in the dynamic metal market.
For more information on how to implement these features, visit the Metals-API Website and explore the extensive documentation available. Whether you are building a trading platform or a market analysis tool, the Metals-API provides the resources necessary to succeed in the competitive landscape of metal trading.