Obtain Iron Ore 58% Fe (IRON58) Historical Prices via this API

Introduction

In the ever-evolving landscape of metal markets, obtaining accurate and timely data is crucial for developers and businesses alike. One of the most sought-after commodities is Iron Ore, specifically the 58% Fe grade, commonly referred to as IRON58. With the rise of digital transformation and technological innovation, accessing historical prices for Iron Ore has become more streamlined through APIs like Metals-API. This blog post will delve into the capabilities of Metals-API, focusing on how to obtain historical prices for Iron Ore and exploring the broader implications of data analytics and smart technology integration in the metal markets.

Metals-API Information

About Iron Ore (IRON)

Iron Ore is a fundamental raw material in steel production, making it a critical component in various industries, including construction, automotive, and manufacturing. As the demand for steel continues to rise, understanding the historical prices of Iron Ore becomes essential for market analysis and forecasting. The digital transformation in metal markets has paved the way for innovative solutions that leverage data analytics and insights to provide real-time information on commodity prices.

Technological advancements have enabled the integration of smart technologies into the metal markets, allowing stakeholders to make informed decisions based on accurate data. The future of Iron Ore pricing will likely be influenced by factors such as global demand, supply chain dynamics, and geopolitical events. By utilizing APIs like Metals-API, developers can access a wealth of historical data that can enhance their applications and provide valuable insights into market trends.

API Description

The Metals-API is a powerful tool designed to provide real-time and historical data on various metals, including Iron Ore. This API empowers developers to build next-generation applications that require accurate metal pricing data. With its user-friendly interface and comprehensive documentation, the Metals-API allows for seamless integration into existing systems.

For more information on how to get started, visit the Metals-API Website and explore the Metals-API Documentation for detailed guidance on implementation.

Key Features and Endpoints

The Metals-API offers a variety of endpoints that cater to different data needs. Each endpoint is designed to provide specific functionalities that can be leveraged for various applications. Here are some of the key features:

Latest Rates Endpoint

The Latest Rates Endpoint provides real-time exchange rate data for metals, updated according to your subscription plan. Depending on the plan, updates can occur every 60 minutes or every 10 minutes. This endpoint is crucial for applications that require up-to-the-minute pricing information.

{
"success": true,
"timestamp": 1770164478,
"base": "USD",
"date": "2026-02-04",
"rates": {
"IRON58": 0.000482
},
"unit": "per metric ton"
}

Historical Rates Endpoint

Accessing historical rates is vital for analyzing trends over time. The Historical Rates Endpoint allows users to query historical prices dating back to 2019 by appending a specific date to the API request. This feature is particularly useful for developers looking to build applications that require historical data analysis.

{
"success": true,
"timestamp": 1770078078,
"base": "USD",
"date": "2026-02-03",
"rates": {
"IRON58": 0.000485
},
"unit": "per metric ton"
}

Bid And Ask Endpoint

The Bid and Ask Endpoint provides real-time bid and ask prices for metals. This feature is essential for traders and financial analysts who need to understand market dynamics and make informed trading decisions.

{
"success": true,
"timestamp": 1770164478,
"base": "USD",
"date": "2026-02-04",
"rates": {
"IRON58": {
"bid": 0.000481,
"ask": 0.000483,
"spread": 2.0e-6
}
},
"unit": "per metric ton"
}

Convert Endpoint

The Convert Endpoint allows users to convert any amount from one metal to another or to/from USD. This feature is particularly useful for applications that require currency conversion for pricing or financial analysis.

{
"success": true,
"query": {
"from": "USD",
"to": "IRON58",
"amount": 1000
},
"info": {
"timestamp": 1770164478,
"rate": 0.000482
},
"result": 0.482,
"unit": "metric tons"
}

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 developers looking to analyze price trends over specific periods.

{
"success": true,
"timeseries": true,
"start_date": "2026-01-28",
"end_date": "2026-02-04",
"base": "USD",
"rates": {
"2026-01-28": {
"IRON58": 0.000485
},
"2026-02-04": {
"IRON58": 0.000482
}
},
"unit": "per metric ton"
}

Fluctuation Endpoint

Using the Fluctuation Endpoint, users can retrieve information about how prices fluctuate on a day-to-day basis. This feature is essential for understanding market volatility and making informed trading decisions.

{
"success": true,
"fluctuation": true,
"start_date": "2026-01-28",
"end_date": "2026-02-04",
"base": "USD",
"rates": {
"IRON58": {
"start_rate": 0.000485,
"end_rate": 0.000482,
"change": -3.0e-6,
"change_pct": -0.62
}
},
"unit": "per metric ton"
}

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

The OHLC Price Endpoint provides open, high, low, and close prices for a specific time period. This data is crucial for traders who rely on technical analysis to make informed decisions.

{
"success": true,
"timestamp": 1770164478,
"base": "USD",
"date": "2026-02-04",
"rates": {
"IRON58": {
"open": 0.000485,
"high": 0.000487,
"low": 0.000481,
"close": 0.000482
}
},
"unit": "per metric ton"
}

Historical LME Endpoint

The Historical LME Endpoint provides access to historical rates for LME symbols dating back to 2008. This endpoint is particularly useful for users interested in historical data related to metals traded on the London Metal Exchange.

{
"success": true,
"timestamp": 1770078078,
"base": "USD",
"date": "2026-02-03",
"rates": {
"IRON58": 0.000485
},
"unit": "per metric ton"
}

List of Symbols

The Metals-API provides access to a comprehensive range of metal symbols, including Iron Ore (IRON58). For a complete list of all supported symbols and their specifications, refer to the Metals-API Supported Symbols page.

Conclusion

In conclusion, the Metals-API offers a robust solution for developers seeking to access historical prices for Iron Ore (IRON58) and other metals. With its comprehensive set of endpoints, the API enables users to retrieve real-time data, analyze historical trends, and make informed decisions based on accurate information. As the metal markets continue to evolve, leveraging APIs like Metals-API will be essential for staying ahead of the curve.

For further exploration of the API's capabilities, visit the Metals-API Website and dive into the Metals-API Documentation for detailed implementation guidance. By harnessing the power of real-time metals data, developers can create innovative applications that drive success in the competitive landscape of metal markets.