Access US Steel Coil Futures (STEEL-US) Historical Prices via this API

In the rapidly evolving landscape of metal markets, having access to real-time and historical data is crucial for developers and traders alike. The Metals-API provides a powerful solution for accessing historical prices of various metals, including US Steel Coil Futures (STEEL-US). This blog post will delve into the capabilities of the Metals-API, focusing on how to retrieve historical prices and other essential data points that can empower developers to create innovative applications.

Metals-API Information

The Metals-API is a comprehensive JSON API that offers real-time and historical data for a wide range of metals. It is designed to facilitate the digital transformation of metal markets by providing developers with the tools they need to integrate metal price data into their applications seamlessly. With a focus on technological innovation and advancement, the Metals-API leverages data analytics and insights to empower users to make informed decisions.

About US Steel Coil Futures (STEEL-US)

US Steel Coil Futures (STEEL-US) represent a significant segment of the metals market, allowing traders to hedge against price fluctuations in steel. As industries increasingly rely on data-driven decision-making, the ability to access historical prices for STEEL-US becomes essential. The Metals-API provides a straightforward way to retrieve this data, enabling developers to build applications that can analyze trends, forecast prices, and optimize trading strategies.

API Description

The Metals-API is built with innovation in mind, offering a suite of features that cater to the needs of developers and traders. The API allows users to access real-time exchange rates, historical prices, and various other endpoints that can be utilized for different applications. By integrating the Metals-API into their systems, developers can create next-generation applications that leverage real-time metals data for enhanced decision-making.

Key Features and Endpoints

The Metals-API offers several key features that enhance its usability and functionality:

Latest Rates Endpoint: Depending on your subscription plan, this endpoint returns real-time exchange rate data updated every 60 minutes, every 10 minutes, or even more frequently. This feature is crucial for traders who need up-to-the-minute information to make timely decisions.
Historical Rates Endpoint: Historical rates are available for most currencies dating back to 2019. By appending a specific date to the API request, users can access historical prices for STEEL-US and other metals, allowing for in-depth analysis and trend identification.
Bid and Ask Endpoint: This powerful feature enables users to retrieve real-time bid and ask prices, providing insights into market sentiment and liquidity.
Convert Endpoint: The Metals-API includes a currency conversion endpoint, allowing users to convert any amount from one metal to another or to/from USD. This is particularly useful for traders dealing with multiple currencies.
Time-Series Endpoint: Users can query the API for daily historical rates between two dates of their choice, facilitating comprehensive analysis over specific time frames.
Fluctuation Endpoint: This endpoint provides information on how metal prices fluctuate on a day-to-day basis, helping traders understand volatility and market dynamics.
Open/High/Low/Close (OHLC) Price Endpoint: Users can access OHLC data for a specific time period, which is essential for technical analysis and trading strategies.
Historical LME Endpoint: This endpoint allows access to historical rates for LME symbols dating back to 2008, providing a wealth of data for analysis.
API Key: Each user is assigned a unique API key that must be included in API requests, ensuring secure access to the data.
API Response: The Metals-API delivers exchange rates relative to USD by default, with all data returned in a structured JSON format.
Supported Symbols Endpoint: This constantly updated endpoint returns all available currencies and metals, allowing users to stay informed about the latest offerings.
News Endpoint: Users can retrieve the latest news articles related to various metals, keeping them updated on market trends and developments.

API Endpoint Examples and Responses

To illustrate the capabilities of the Metals-API, here are some example responses for various endpoints:

Latest Rates Endpoint

{
    "success": true,
    "timestamp": 1747623762,
    "base": "USD",
    "date": "2025-05-19",
    "rates": {
        "STEEL-US": 0.000482,
        "XAU": 0.000482,
        "XAG": 0.03815
    },
    "unit": "per ton"
}

Historical Rates Endpoint

{
    "success": true,
    "timestamp": 1747537362,
    "base": "USD",
    "date": "2025-05-18",
    "rates": {
        "STEEL-US": 0.000485,
        "XAU": 0.000485,
        "XAG": 0.03825
    },
    "unit": "per ton"
}

Time-series Endpoint

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-05-12",
    "end_date": "2025-05-19",
    "base": "USD",
    "rates": {
        "2025-05-12": {
            "STEEL-US": 0.000485,
            "XAU": 0.000485,
            "XAG": 0.03825
        },
        "2025-05-14": {
            "STEEL-US": 0.000483,
            "XAU": 0.000483,
            "XAG": 0.0382
        },
        "2025-05-19": {
            "STEEL-US": 0.000482,
            "XAU": 0.000482,
            "XAG": 0.03815
        }
    },
    "unit": "per ton"
}

Convert Endpoint

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "STEEL-US",
        "amount": 1000
    },
    "info": {
        "timestamp": 1747623762,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "tons"
}

Fluctuation Endpoint

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-05-12",
    "end_date": "2025-05-19",
    "base": "USD",
    "rates": {
        "STEEL-US": {
            "start_rate": 0.000485,
            "end_rate": 0.000482,
            "change": -3.0e-6,
            "change_pct": -0.62
        }
    },
    "unit": "per ton"
}

OHLC (Open/High/Low/Close) Endpoint

{
    "success": true,
    "timestamp": 1747623762,
    "base": "USD",
    "date": "2025-05-19",
    "rates": {
        "STEEL-US": {
            "open": 0.000485,
            "high": 0.000487,
            "low": 0.000481,
            "close": 0.000482
        }
    },
    "unit": "per ton"
}

Bid/Ask Endpoint

{
    "success": true,
    "timestamp": 1747623762,
    "base": "USD",
    "date": "2025-05-19",
    "rates": {
        "STEEL-US": {
            "bid": 0.000481,
            "ask": 0.000483,
            "spread": 2.0e-6
        }
    },
    "unit": "per ton"
}

Common Use Cases and Implementation Strategies

Developers can leverage the Metals-API in various ways to enhance their applications:

Market Analysis Tools: By integrating the historical rates endpoint, developers can create tools that analyze price trends over time, helping traders make informed decisions based on historical data.
Trading Bots: Utilizing the latest rates and bid/ask endpoints, developers can build automated trading bots that react to real-time market conditions, executing trades based on predefined strategies.
Portfolio Management: The convert endpoint can be used to develop applications that help users manage their metal portfolios, allowing for easy conversion between different metals and currencies.
Risk Management Solutions: By analyzing fluctuations and historical data, developers can create risk management tools that help traders mitigate potential losses in volatile markets.

Performance Optimization and Security Considerations

When integrating the Metals-API into applications, developers should consider performance optimization strategies such as caching frequently accessed data to reduce API calls and improve response times. Additionally, implementing robust error handling and recovery strategies will ensure that applications can gracefully handle any issues that arise during API interactions.

Security is paramount when dealing with financial data. Developers should ensure that API keys are kept confidential and not exposed in client-side code. Implementing rate limiting and monitoring API usage can help prevent abuse and ensure compliance with the API's usage policies.

Conclusion

The Metals-API offers a comprehensive solution for accessing historical prices and real-time data for US Steel Coil Futures (STEEL-US) and other metals. By leveraging its powerful features, developers can create innovative applications that enhance trading strategies, improve market analysis, and facilitate better decision-making. With a focus on technological advancement and data analytics, the Metals-API is poised to transform the way developers interact with metal markets.

For more information, refer to the Metals-API Documentation for detailed guidance on using the API, explore the Metals-API Supported Symbols for a complete list of available metals, and visit the Metals-API Website for additional resources and updates.

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Access US Steel Coil Futures (STEEL-US) Historical Prices via this API