Get Accurate Iron Ore 65% Fe (IRON65) Prices in USD, EUR, and AUD with this API

Get Accurate Iron Ore 65% Fe (IRON65) Prices in USD, EUR, and AUD with this API

In the rapidly evolving landscape of metal markets, having access to accurate and real-time pricing data is crucial for businesses and developers alike. Metals-API stands out as a powerful tool that provides precise Iron Ore (IRON65) prices in various currencies, including USD, EUR, and AUD. This blog post delves into how Metals-API empowers users with innovative features, enabling them to harness the potential of real-time metals data for diverse applications.

About Iron Ore (IRON)

Iron ore is a vital raw material in the production of steel, making it a cornerstone of the global economy. As industries undergo digital transformation, the demand for accurate and timely data on iron ore prices has surged. The integration of technological advancements in data analytics and smart technology has revolutionized how businesses operate in the metal markets. With the rise of data-driven decision-making, companies can leverage insights from real-time pricing to optimize their operations and enhance profitability.

Metals-API plays a pivotal role in this transformation by providing developers with a robust API that delivers accurate Iron Ore prices. By utilizing this API, businesses can access not only the latest prices but also historical data, fluctuations, and conversion rates, allowing for comprehensive market analysis and strategic planning.

API Capabilities and Features

The Metals-API offers a suite of features designed to meet the needs of developers and businesses in the metal industry. With a focus on innovation and technological advancement, the API provides various endpoints that facilitate seamless integration into applications. Here are some key features:

Latest Rates Endpoint

The Latest Rates Endpoint is a cornerstone of the Metals-API, providing real-time exchange rate data for iron ore and other metals. Depending on your subscription plan, this endpoint can return updated rates every 60 minutes or even every 10 minutes. This feature is essential for businesses that require up-to-the-minute pricing to make informed purchasing decisions.

{
"success": true,
"timestamp": 1769991845,
"base": "USD",
"date": "2026-02-02",
"rates": {
"IRON65": 120.50,
"XAU": 0.000482,
"XAG": 0.03815
},
"unit": "per metric ton"
}

Historical Rates Endpoint

Accessing historical rates is crucial for market analysis and trend forecasting. The Historical Rates Endpoint allows users to retrieve pricing data dating back to 2019. By appending a specific date to the API request, developers can analyze price trends over time, enabling them to make data-driven decisions.

{
"success": true,
"timestamp": 1769905445,
"base": "USD",
"date": "2026-02-01",
"rates": {
"IRON65": 118.75,
"XAU": 0.000485,
"XAG": 0.03825
},
"unit": "per metric ton"
}

Bid and Ask Endpoint

The Bid and Ask Endpoint is a powerful feature that provides real-time bid and ask prices for iron ore and other metals. This functionality is particularly beneficial for traders and financial analysts who need to understand market dynamics and make quick decisions based on current market conditions.

{
"success": true,
"timestamp": 1769991845,
"base": "USD",
"date": "2026-02-02",
"rates": {
"IRON65": {
"bid": 119.00,
"ask": 120.00,
"spread": 1.00
}
},
"unit": "per metric ton"
}

Convert Endpoint

The Convert Endpoint allows users to convert any amount from one currency to another. This feature is particularly useful for businesses operating in multiple countries, as it simplifies financial transactions and reporting. For example, converting iron ore prices from USD to AUD can be done seamlessly using this endpoint.

{
"success": true,
"query": {
"from": "USD",
"to": "AUD",
"amount": 1000
},
"info": {
"timestamp": 1769991845,
"rate": 1.30
},
"result": 1300.00,
"unit": "AUD"
}

Time-Series Endpoint

The Time-Series Endpoint allows users to query the API for daily historical rates between two dates of their choice. This feature is invaluable for businesses looking to analyze price trends over specific periods, enabling them to forecast future pricing and adjust their strategies accordingly.

{
"success": true,
"timeseries": true,
"start_date": "2026-01-26",
"end_date": "2026-02-02",
"base": "USD",
"rates": {
"2026-01-26": {
"IRON65": 115.00
},
"2026-02-02": {
"IRON65": 120.50
}
},
"unit": "per metric ton"
}

Fluctuation Endpoint

The Fluctuation Endpoint provides insights into how prices fluctuate on a day-to-day basis. This feature is essential for traders who need to understand market volatility and make informed decisions based on price movements.

{
"success": true,
"fluctuation": true,
"start_date": "2026-01-26",
"end_date": "2026-02-02",
"base": "USD",
"rates": {
"IRON65": {
"start_rate": 115.00,
"end_rate": 120.50,
"change": 5.50,
"change_pct": 4.78
}
},
"unit": "per metric ton"
}

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

The OHLC Price Endpoint provides detailed pricing information, including the opening, highest, lowest, and closing prices for a specific time period. This data is crucial for technical analysis and helps traders identify market trends and potential entry and exit points.

{
"success": true,
"timestamp": 1769991845,
"base": "USD",
"date": "2026-02-02",
"rates": {
"IRON65": {
"open": 118.00,
"high": 121.00,
"low": 117.00,
"close": 120.50
}
},
"unit": "per metric ton"
}

Integration and Use Cases

Integrating the Metals-API into your applications can unlock a myriad of possibilities. Here are some practical use cases:

• Trading Platforms: Developers can build trading platforms that utilize real-time pricing data to facilitate transactions and provide users with up-to-date market information.
• Financial Analytics Tools: Businesses can create analytics tools that leverage historical data to forecast trends and optimize inventory management.
• Mobile Applications: Mobile apps can provide users with notifications and alerts based on price fluctuations, helping them make timely decisions.

For more detailed information on how to implement these features, refer to the Metals-API Documentation.

Conclusion

In conclusion, the Metals-API offers a comprehensive solution for accessing accurate Iron Ore 65% Fe (IRON65) prices in multiple currencies. With its innovative features and endpoints, developers can create powerful applications that leverage real-time data for strategic decision-making. As the metal markets continue to evolve, the integration of advanced technology and data analytics will play a crucial role in shaping the future of the industry.

For a complete list of supported symbols, visit the Metals-API Supported Symbols page. To explore the full capabilities of the API, check out the Metals-API Website.