Extract Ferro Silicon (FE-SI) Historical Prices using this API

Extract Ferro Silicon (FE-SI) Historical Prices using this API
In the ever-evolving landscape of metal markets, the demand for accurate and timely data has never been more critical. Ferro Silicon (FE-SI) is a crucial alloy used in steel production and various metallurgical processes, making its price fluctuations significant for manufacturers and traders alike. To effectively track these fluctuations, developers can leverage the power of the Metals-API, a robust platform that provides real-time and historical pricing data for a variety of metals, including Ferro Silicon. This blog post will delve into the capabilities of Metals-API, focusing on how to extract historical prices for Ferro Silicon and the transformative potential of real-time metals data.
About Ferro Silicon (FE-SI)
Ferro Silicon is an alloy of iron and silicon, typically containing 15% to 90% silicon. It is primarily used in the steel industry as a deoxidizer and alloying agent. The digital transformation in metal markets has led to significant advancements in how Ferro Silicon prices are tracked and analyzed. With the integration of smart technology and data analytics, stakeholders can gain insights into market trends, enabling them to make informed decisions.
Technological innovation has paved the way for new methodologies in data collection and analysis. The Metals-API exemplifies this shift, providing developers with the tools necessary to build applications that can access real-time and historical pricing data. This capability is essential for businesses looking to optimize their operations and stay competitive in a rapidly changing market.
API Description
The Metals-API is designed to empower developers with comprehensive access to metal pricing data. It offers a suite of endpoints that allow users to retrieve real-time rates, historical prices, and various other metrics related to metals. This API is particularly valuable for those involved in trading, manufacturing, and financial analysis, as it provides the necessary data to make informed decisions.
One of the standout features of Metals-API is its ability to deliver real-time data updates. Depending on the subscription plan, users can receive updates every 60 minutes, every 10 minutes, or even more frequently. This level of granularity is crucial for traders who need to react quickly to market changes.
Key Features and Endpoints
The Metals-API offers a variety of endpoints, each designed to serve specific needs. Here are some of the key features:
- Latest Rates Endpoint: This endpoint provides real-time exchange rate data for various metals, including Ferro Silicon. Users can access the latest rates and make informed trading decisions based on current market conditions.
- Historical Rates Endpoint: For those looking to analyze past trends, the historical rates endpoint allows users to query data dating back to 2019. By appending a specific date to the API request, developers can retrieve historical pricing information for Ferro Silicon.
- Bid and Ask Endpoint: This feature enables users to obtain real-time bid and ask prices for metals, which is essential for traders looking to execute transactions at optimal prices.
- Convert Endpoint: The conversion endpoint allows users to convert amounts between different metals or to/from USD, facilitating easier financial calculations and comparisons.
- Time-Series Endpoint: Users can query the API for daily historical rates between two dates of their choice, enabling detailed analysis of price movements over time.
- Fluctuation Endpoint: This endpoint provides insights into how prices fluctuate on a day-to-day basis, helping users understand market volatility.
- Open/High/Low/Close (OHLC) Price Endpoint: Users can access detailed OHLC data for specific time periods, which is crucial for technical analysis and forecasting.
- Lowest/Highest Price Endpoint: This feature allows users to query the API for the lowest and highest prices within a specified timeframe, providing valuable insights into market extremes.
- Historical LME Endpoint: For users interested in London Metal Exchange (LME) symbols, this endpoint provides historical rates dating back to 2008.
- API Key: Each user is assigned a unique API key, which must be included in API requests to authenticate access.
- API Response: The API delivers exchange rates relative to USD by default, ensuring consistency in data interpretation.
- Supported Symbols Endpoint: This endpoint provides a constantly updated list of all available metal symbols, ensuring users have access to the latest information.
- News Endpoint: Users can retrieve the latest news articles related to various metals, keeping them informed about market developments.
API Endpoint Examples and Responses
Understanding the structure of API responses is crucial for effective implementation. Below are examples of responses from various endpoints:
Latest Rates Endpoint
{
"success": true,
"timestamp": 1749514286,
"base": "USD",
"date": "2025-06-10",
"rates": {
"FE-SI": 0.000482,
"XAU": 0.000482,
"XAG": 0.03815
},
"unit": "per troy ounce"
}
Historical Rates Endpoint
{
"success": true,
"timestamp": 1749427886,
"base": "USD",
"date": "2025-06-09",
"rates": {
"FE-SI": 0.000485,
"XAU": 0.000485,
"XAG": 0.03825
},
"unit": "per troy ounce"
}
Time-Series Endpoint
{
"success": true,
"timeseries": true,
"start_date": "2025-06-03",
"end_date": "2025-06-10",
"base": "USD",
"rates": {
"2025-06-03": {
"FE-SI": 0.000485,
"XAU": 0.000485,
"XAG": 0.03825
},
"2025-06-05": {
"FE-SI": 0.000483,
"XAU": 0.000483,
"XAG": 0.0382
},
"2025-06-10": {
"FE-SI": 0.000482,
"XAU": 0.000482,
"XAG": 0.03815
}
},
"unit": "per troy ounce"
}
Convert Endpoint
{
"success": true,
"query": {
"from": "USD",
"to": "FE-SI",
"amount": 1000
},
"info": {
"timestamp": 1749514286,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
Fluctuation Endpoint
{
"success": true,
"fluctuation": true,
"start_date": "2025-06-03",
"end_date": "2025-06-10",
"base": "USD",
"rates": {
"FE-SI": {
"start_rate": 0.000485,
"end_rate": 0.000482,
"change": -3.0e-6,
"change_pct": -0.62
}
},
"unit": "per troy ounce"
}
OHLC (Open/High/Low/Close) Endpoint
{
"success": true,
"timestamp": 1749514286,
"base": "USD",
"date": "2025-06-10",
"rates": {
"FE-SI": {
"open": 0.000485,
"high": 0.000487,
"low": 0.000481,
"close": 0.000482
}
},
"unit": "per troy ounce"
}
Bid/Ask Endpoint
{
"success": true,
"timestamp": 1749514286,
"base": "USD",
"date": "2025-06-10",
"rates": {
"FE-SI": {
"bid": 0.000481,
"ask": 0.000483,
"spread": 2.0e-6
}
},
"unit": "per troy ounce"
}
Conclusion
The Metals-API provides a powerful tool for developers seeking to extract historical prices for Ferro Silicon and other metals. By leveraging its comprehensive suite of endpoints, users can access real-time data, analyze historical trends, and make informed decisions based on accurate market information. The integration of smart technology and data analytics into the metal markets is transforming how businesses operate, providing them with the insights needed to thrive in a competitive landscape.
For developers looking to implement this API, the Metals-API Documentation offers extensive guidance on how to utilize its features effectively. Additionally, the Metals-API Supported Symbols page provides a comprehensive list of available metal symbols, ensuring users can access the data they need. By harnessing the capabilities of the Metals-API, businesses can stay ahead of the curve and capitalize on emerging trends in the metal markets.