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Get Silico Manganese (SI-MN) prices using this API

Get Silico Manganese (SI-MN) prices using this API

Get Silico Manganese (SI-MN) prices using this API

Introduction

In today's fast-paced digital landscape, the demand for real-time data is paramount, especially in the metals market. One of the critical players in this arena is Silico Manganese (SI-MN), a vital alloy used in steel production. Understanding SI-MN prices and trends is essential for businesses and developers alike. This blog post will explore how to access Silico Manganese prices using the Metals-API, a powerful tool that provides real-time and historical data on various metals, including manganese.

Metals-API Information

About Manganese (MN)

Manganese is an essential metal in the steelmaking process, acting as a deoxidizer and alloying agent. Its significance in the global market cannot be overstated, as it contributes to the strength and durability of steel products. The digital transformation in metal markets has led to a surge in technological innovations that enhance data analytics and insights. With the integration of smart technologies, stakeholders can now access real-time data, enabling them to make informed decisions.

The future of manganese and its market is promising, with advancements in data analytics paving the way for better forecasting and trend analysis. As industries evolve, the demand for manganese is expected to rise, driven by its critical role in manufacturing and construction.

API Description

The Metals-API is designed to empower developers by providing a comprehensive suite of tools for accessing real-time metals data. This API allows users to build next-generation applications that can leverage the power of real-time data analytics. The API's capabilities include retrieving the latest rates, historical data, and even fluctuations in metal prices, making it an invaluable resource for anyone involved in the metals market.

With the Metals-API, developers can create applications that provide insights into market trends, enabling businesses to optimize their operations and make data-driven decisions. The API's innovative features are designed to facilitate seamless integration into existing systems, ensuring that users can access the information they need without hassle.

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: 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 businesses that need to stay updated on the latest market conditions.
  • Historical Rates Endpoint: Users can access historical rates dating back to 2019. By appending a specific date to the API request, developers can retrieve past data, which is essential for trend analysis and forecasting.
  • Bid And Ask Endpoint: This powerful feature allows users to retrieve real-time bid and ask prices, providing insights into market liquidity and pricing strategies.
  • Convert Endpoint: The API includes a currency conversion endpoint, enabling users to convert amounts from one metal to another or to/from USD. This feature is particularly useful for businesses operating in multiple currencies.
  • Time-Series Endpoint: Users can query the API for daily historical rates between two dates of their choice, allowing for detailed analysis of price movements over time.
  • Fluctuation Endpoint: This endpoint provides information about how metal prices fluctuate on a day-to-day basis, helping businesses understand market volatility.
  • Carat Endpoint: Users can retrieve information about gold rates by carat, which is essential for jewelers and gold traders.
  • Lowest/Highest Price Endpoint: This feature allows users to query the API for the lowest and highest prices of metals over a specified period, providing valuable insights into market trends.
  • Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides open, high, low, and close prices for a specific time period, which is crucial for traders and analysts.
  • Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, allowing for comprehensive analysis of market trends.
  • API Key: Users must pass their unique API key into the API base URL's access_key parameter to authenticate their requests.
  • API Response: The Metals-API delivers exchange rates relative to USD by default, ensuring consistency in data presentation.
  • Available Endpoints: The API comes with a constantly updated endpoint returning all available currencies, ensuring users have access to the latest data.
  • Gold Price India Endpoint: Retrieve the latest gold price in India using the dedicated endpoint, which is particularly useful for local traders.
  • News Endpoint: Stay updated with the latest news articles related to various metals, providing context to market movements.

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 page. This resource is invaluable for developers looking to integrate specific metal data into their applications.

API Endpoint Examples and Responses

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

Latest Rates Endpoint

Get real-time exchange rates for all available metals.

{
    "success": true,
    "timestamp": 1746234177,
    "base": "USD",
    "date": "2025-05-03",
    "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"
}

This response indicates the success of the request, the timestamp of the data, the base currency (USD), the date of the rates, and the rates for various metals.

Historical Rates Endpoint

Access historical exchange rates for any date since 1999.

{
    "success": true,
    "timestamp": 1746147777,
    "base": "USD",
    "date": "2025-05-02",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

This response provides historical data, which is essential for analyzing trends over time.

Time-series Endpoint

Get exchange rates for a specific time period.

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-04-26",
    "end_date": "2025-05-03",
    "base": "USD",
    "rates": {
        "2025-04-26": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-04-28": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-05-03": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

This endpoint allows users to analyze price movements over a specified period, which is crucial for traders and analysts.

Convert Endpoint

Convert any amount from one metal to another or to/from USD.

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1746234177,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

This response shows how much 1000 USD is in troy ounces of gold, providing a straightforward conversion mechanism.

Fluctuation Endpoint

Track rate fluctuations between two dates.

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-04-26",
    "end_date": "2025-05-03",
    "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 provides insights into how prices have changed over a specific period, which is essential for understanding market dynamics.

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

Get OHLC data for a specific time period.

{
    "success": true,
    "timestamp": 1746234177,
    "base": "USD",
    "date": "2025-05-03",
    "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 a comprehensive view of price movements within a specific time frame, which is crucial for traders looking to make informed decisions.

Bid/Ask Endpoint

Get current bid and ask prices for metals.

{
    "success": true,
    "timestamp": 1746234177,
    "base": "USD",
    "date": "2025-05-03",
    "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 essential information for traders, allowing them to understand market liquidity and pricing strategies.

Conclusion

The Metals-API is an invaluable resource for developers and businesses looking to access real-time and historical data on metals, including Silico Manganese. By leveraging the API's extensive features, users can gain insights into market trends, optimize their operations, and make informed decisions. With the ability to access various endpoints, including the latest rates, historical data, and fluctuations, the Metals-API empowers users to stay ahead in the competitive metals market.

For further exploration, developers can refer to the Metals-API Documentation for detailed information on implementation and usage. Additionally, the Metals-API Supported Symbols page provides a comprehensive list of available metal symbols, ensuring that users can access the data they need efficiently.

As the metals market continues to evolve, the importance of real-time data and analytics will only grow. By integrating the Metals-API into their applications, developers can harness the power of data to drive innovation and success in the industry.

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