Access LME Steel Scrap CFR Turkey (STEEL-SC) Historical Prices through this API

In today's fast-paced digital landscape, the metal markets are undergoing a significant transformation driven by technological innovation and data analytics. One of the most crucial aspects of this transformation is the ability to access real-time and historical price data for metals, such as LME Steel Scrap CFR Turkey (STEEL-SC). This blog post will explore how developers can leverage the Metals-API to access historical prices and gain valuable insights into the metal markets.

About LME Steel Scrap CFR Turkey (STEEL-SC)

The LME Steel Scrap CFR Turkey (STEEL-SC) is a vital indicator of the steel scrap market, particularly in Turkey, which is one of the largest importers of steel scrap globally. Understanding the historical prices of STEEL-SC is essential for various stakeholders, including traders, manufacturers, and analysts. The digital transformation in metal markets has made it possible to access this data in real-time, allowing for better decision-making and strategic planning.

Technological advancements have paved the way for smart technology integration in the metal markets. By utilizing data analytics and insights, stakeholders can identify trends, forecast prices, and make informed decisions. The Metals-API plays a crucial role in this ecosystem by providing a comprehensive suite of tools to access and analyze metal prices.

API Description

The Metals-API is a powerful tool that allows developers to access real-time and historical data for various metals, including STEEL-SC. This API empowers developers to build next-generation applications that can analyze market trends, track price fluctuations, and convert currencies seamlessly. With its robust features and capabilities, the Metals-API is transforming how businesses interact with metal market data.

One of the standout features of the Metals-API is its ability to provide real-time exchange rate data. Depending on your subscription plan, the API's latest endpoint can return real-time rates updated every 60 minutes, every 10 minutes, or even more frequently. This capability is essential for traders who need to stay informed about market movements.

Key Features and Endpoints

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

Latest Rates Endpoint: This endpoint provides real-time exchange rate data for metals, allowing users to stay updated on current market conditions.
Historical Rates Endpoint: Users can access historical rates dating back to 2019 by appending a specific date to the API request. This feature is invaluable for analyzing past market trends.
Bid And Ask Endpoint: This powerful feature enables users to retrieve real-time bid and ask prices, which are crucial for making informed trading decisions.
Convert Endpoint: The Metals-API includes a currency conversion endpoint that allows users to convert amounts between different metals or to/from USD.
Time-Series Endpoint: This endpoint allows users to query daily historical rates between two dates of their choice, providing a comprehensive view of price movements over time.
Fluctuation Endpoint: Users can track how prices fluctuate on a day-to-day basis, which is essential for understanding market volatility.
Carat Endpoint: This endpoint provides information about gold rates by carat, catering to users interested in precious metals.
Lowest/Highest Price Endpoint: Users can query the API to get the lowest and highest prices for a specified date, helping them identify market extremes.
Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides open, high, low, and close prices for a specific date, which is crucial for technical analysis.
Historical LME Endpoint: This endpoint allows users to access historical rates for LME symbols dating back to 2008, providing a long-term view of market 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 returns exchange rates relative to USD by default, ensuring consistency in data interpretation.
Available Endpoints: The API provides a constantly updated list of all available currencies and metals, ensuring users have access to the latest information.
Gold Price India Endpoint: This dedicated endpoint allows users to retrieve the latest gold prices in India, catering to a specific market segment.
News Endpoint: Users can access the latest news articles related to various metals, keeping them informed about market developments.

API Endpoint Examples and Responses

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

Latest Rates Endpoint

{
    "success": true,
    "timestamp": 1749124816,
    "base": "USD",
    "date": "2025-06-05",
    "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 indicates a successful request, providing the latest rates for various metals relative to USD. Each metal's rate is specified, allowing developers to easily integrate this data into their applications.

Historical Rates Endpoint

{
    "success": true,
    "timestamp": 1749038416,
    "base": "USD",
    "date": "2025-06-04",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

This response shows historical rates for a specific date, allowing users to analyze past market conditions and trends.

Time-series Endpoint

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-05-29",
    "end_date": "2025-06-05",
    "base": "USD",
    "rates": {
        "2025-05-29": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-05-31": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-06-05": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

The time-series response provides daily rates between specified dates, enabling users to visualize trends over time.

Convert Endpoint

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1749124816,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

This response illustrates how to convert an amount from one metal to another, providing the conversion rate and the result.

Fluctuation Endpoint

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-05-29",
    "end_date": "2025-06-05",
    "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 endpoint tracks fluctuations in prices over a specified period, providing valuable insights into market volatility.

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

{
    "success": true,
    "timestamp": 1749124816,
    "base": "USD",
    "date": "2025-06-05",
    "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 OHLC data for a specific date, which is essential for technical analysis and understanding market behavior.

Bid/Ask Endpoint

{
    "success": true,
    "timestamp": 1749124816,
    "base": "USD",
    "date": "2025-06-05",
    "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 endpoint provides current bid and ask prices, which are crucial for traders looking to execute transactions at favorable rates.

Conclusion

Accessing historical prices for LME Steel Scrap CFR Turkey (STEEL-SC) through the Metals-API is a game-changer for developers and stakeholders in the metal markets. The API's robust features, including real-time data access, historical rates, and comprehensive analytics capabilities, empower users to make informed decisions and stay ahead in a competitive landscape.

By leveraging the various endpoints offered by the Metals-API, developers can create applications that provide valuable insights into market trends, price fluctuations, and conversion capabilities. The integration of smart technology and data analytics will continue to shape the future of metal markets, and the Metals-API is at the forefront of this transformation.

For more information on how to get started with the Metals-API, refer to the Metals-API Documentation and explore the Metals-API Supported Symbols for a comprehensive list of available metals and currencies. Embrace the future of metal market data with the Metals-API and unlock the potential of real-time insights.

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Access LME Steel Scrap CFR Turkey (STEEL-SC) Historical Prices through this API