The Easiest Way to Get Iron Ore 58% Fe (IRON58) Historical Rates in Your API
The Easiest Way to Get Iron Ore 58% Fe (IRON58) Historical Rates in Your API
In today's fast-paced digital landscape, obtaining accurate and timely data is crucial for developers and businesses alike. If you're looking to access historical prices for Iron Ore 58% Fe (IRON58), the Metals-API provides a robust solution. This blog post will guide you through the process of retrieving historical prices using the Metals-API, including example endpoints, parameters, and data formats. We will also explore the broader implications of digital transformation in metal markets, technological innovations, and how data analytics can empower developers to create next-generation applications.
About Iron Ore (IRON)
Iron ore is a critical raw material used in steel production, making it a vital commodity in the global market. The demand for iron ore is closely tied to the health of the construction and manufacturing sectors. As industries evolve, the integration of smart technology and data analytics is transforming how market participants access and utilize metal price data. The Metals-API stands at the forefront of this transformation, offering real-time and historical data that can be leveraged for strategic decision-making.
With the rise of digital transformation in metal markets, developers can harness the power of the Metals-API to gain insights into price trends, fluctuations, and market dynamics. This API not only provides historical data but also enables users to analyze trends over time, making it an invaluable tool for traders, analysts, and developers alike.
API Description
The Metals-API is a comprehensive JSON API that provides access to real-time and historical prices for various metals, including Iron Ore. It empowers developers to build applications that require accurate and timely metal price data. The API's capabilities include retrieving the latest rates, historical prices, bid and ask prices, and much more. By integrating this API into your applications, you can enhance your data analytics capabilities and make informed decisions based on real-time market conditions.
For detailed information on how to use the API, refer to the Metals-API Documentation, which provides comprehensive guidance on endpoints, parameters, and response formats.
Key Features and Endpoints
The Metals-API offers a variety of endpoints that cater to different data needs. Here are some of the key features:
- Latest Rates Endpoint: This endpoint provides real-time exchange rate data for metals, updated based on your subscription plan. Depending on your plan, you can receive updates every 60 minutes, every 10 minutes, or even more frequently.
- Historical Rates Endpoint: Access historical rates for most metals dating back to 2019. You can query the API by appending a specific date to retrieve the historical price for Iron Ore.
- Bid And Ask Endpoint: This feature allows you to retrieve real-time bid and ask prices for metals, giving you insights into market liquidity.
- Convert Endpoint: Use this endpoint to convert any amount from one metal to another or to/from USD, facilitating seamless transactions.
- Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice, enabling you to analyze price trends over time.
- Fluctuation Endpoint: Track how metal prices fluctuate on a day-to-day basis, providing insights into market volatility.
- Open/High/Low/Close (OHLC) Price Endpoint: Retrieve OHLC data for a specific time period, which is essential for technical analysis.
- Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, allowing for in-depth market analysis.
- News Endpoint: Stay updated with the latest news articles related to various metals, helping you stay informed about market trends.
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.
API Endpoint Examples and Responses
Understanding how to interact with the Metals-API is crucial for effective implementation. Below are examples of various endpoints and their corresponding JSON responses:
Latest Rates Endpoint
{
"success": true,
"timestamp": 1766967724,
"base": "USD",
"date": "2025-12-29",
"rates": {
"IRON58": 0.000482,
"XAU": 0.000482,
"XAG": 0.03815
},
"unit": "per troy ounce"
}
This response indicates that the latest price for Iron Ore 58% Fe is 0.000482 USD per troy ounce.
Historical Rates Endpoint
{
"success": true,
"timestamp": 1766881324,
"base": "USD",
"date": "2025-12-28",
"rates": {
"IRON58": 0.000485,
"XAU": 0.000485,
"XAG": 0.03825
},
"unit": "per troy ounce"
}
This response shows the historical price for Iron Ore on December 28, 2025, allowing you to track price changes over time.
Time-series Endpoint
{
"success": true,
"timeseries": true,
"start_date": "2025-12-22",
"end_date": "2025-12-29",
"base": "USD",
"rates": {
"2025-12-22": {
"IRON58": 0.000485
},
"2025-12-24": {
"IRON58": 0.000483
},
"2025-12-29": {
"IRON58": 0.000482
}
},
"unit": "per troy ounce"
}
This example demonstrates how to retrieve historical rates for Iron Ore over a specified date range, providing valuable insights into price trends.
Convert Endpoint
{
"success": true,
"query": {
"from": "USD",
"to": "IRON58",
"amount": 1000
},
"info": {
"timestamp": 1766967724,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
This response illustrates how to convert an amount from USD to Iron Ore, showing that 1000 USD is equivalent to 0.482 troy ounces of Iron Ore 58% Fe.
Fluctuation Endpoint
{
"success": true,
"fluctuation": true,
"start_date": "2025-12-22",
"end_date": "2025-12-29",
"base": "USD",
"rates": {
"IRON58": {
"start_rate": 0.000485,
"end_rate": 0.000482,
"change": -0.000003,
"change_pct": -0.62
}
},
"unit": "per troy ounce"
}
This endpoint allows you to track fluctuations in Iron Ore prices over a specified period, providing insights into market volatility.
OHLC (Open/High/Low/Close) Price Endpoint
{
"success": true,
"timestamp": 1766967724,
"base": "USD",
"date": "2025-12-29",
"rates": {
"IRON58": {
"open": 0.000485,
"high": 0.000487,
"low": 0.000481,
"close": 0.000482
}
},
"unit": "per troy ounce"
}
This response provides OHLC data for Iron Ore, which is essential for traders conducting technical analysis.
Bid/Ask Endpoint
{
"success": true,
"timestamp": 1766967724,
"base": "USD",
"date": "2025-12-29",
"rates": {
"IRON58": {
"bid": 0.000481,
"ask": 0.000483,
"spread": 0.000002
}
},
"unit": "per troy ounce"
}
This endpoint provides the current bid and ask prices for Iron Ore, which is crucial for understanding market liquidity and making informed trading decisions.
Conclusion
In conclusion, the Metals-API offers a powerful and flexible solution for accessing historical prices for Iron Ore 58% Fe (IRON58) and other metals. By leveraging its various endpoints, developers can gain valuable insights into market trends, fluctuations, and price dynamics. The API's capabilities enable the creation of innovative applications that can transform how businesses operate in the metal markets.
As the industry continues to evolve, the integration of smart technology and data analytics will play a pivotal role in shaping the future of metal trading. By utilizing the Metals-API, developers can stay ahead of the curve and build applications that harness the power of real-time data.
For more information on how to get started with the Metals-API, visit the Metals-API Website and explore the Metals-API Documentation for detailed guidance on implementation. Don't forget to check the Metals-API Supported Symbols page to familiarize yourself with the available metal symbols.