Do you have any industry that uses copper in Canada? If your goal is to keep up to date with copper prices, then this is the article you should read!
Copper is a metallic chemical element represented by the symbol Cu (its name comes from the Latin cuprum). It is a transition metal, bright and reddish in color, characterized by being one of the best known conductors of electricity. If we add to this its lightness, high malleability, ductility and economic price, we will have one of the most suitable elements for the manufacture of tools, electrical and electronic parts, and many other devices for industrial uses.
It is widely used in the manufacture of cables, statues, power lines, coins, keys, musical instruments (metals), mobile phones, jewelry, among others. It is even important for the human body. Although the amounts of copper required by the body are small, they are enough to generate connective tissue, red blood cells or macrophages.
Canada is the eighth world producer of copper and also has many industries that require tons and tons of copper, since it is a huge country in terms of surface area. This is why we want to recommend to Canadians one of the best tools to acquire real-time information on copper, using an API. It allows the applications and programs that everyone uses to communicate with each other.
Although there are very interesting competitions, if there is one that is characterized by being number 1, it is Metals-API.
Why Metals-API?
Thousands of developers, small and large companies use Metals-API. You can use this tool to get current world market prices for any metal (including copper of course) quickly and easily. Due to its reliable data, Metals-API is the leading source for real-time precious metals quotes. To get an idea, it collects data from 16 trusted sources every minute, such as banks and financial institutions, mining companies; even the prestigious London Metal Exchange (LME).
Does it has any cost?
Yes, and no. This software includes a free alternative, but it is more designed for those people who do not require constant updating of prices. But in the case of having a larger industry, you may have to pay one of the 6 available plans, each one adapted to different needs.
If you have any questions, don’t worry, there is a very detailed documentation on how to use Metals-API on their website. In any case, they also have a virtual chat for any questions.
Also published on Medium.