Do you live in China and your industry needs ruthenium? Well, in that case, you will first have to find out what its international price is. So check out this free precious metals api to obtain Ruthenium rates.
Chemical element with symbol Ru, atomic number 44, and atomic weight 101.07. Ruthenium is a hard, white metal, workable only at high temperatures and with difficulty. It belongs to the platinum group and is also a transition metal that neither tarnishes at room temperature nor is attacked by acids, but oxidizes explosively. This metal is mainly found in the minerals osmiridium and laurite, as well as in platinum. It is a very rare element that constitutes only 0.001 ppm of the earth’s crust.
It is considered an excellent catalyst, used in reactions with hydrogenation, isomerization, oxidation and reformation. Although its uses are minimal, it becomes a good hardener for both platinum and palladium. In the electronic field, ruthenium has extremely important applications. In the first place it is used for the manufacture of chips and electrical contacts. In the same way it is used in applications where resistance to water and high corrosion is imminent.
At present, its extraction is carried out in countries such as Russia, the United States and Canada, northern and cold countries. Due to its importance as a metal, many countries in the world such as China use Ruthenium. However, you have to be very attentive to its price, since it is a metal that has changed its price a lot. Right now its price is 42% higher than 2 months ago. For this reason, if you are a Chinese businessman, we recommend using Metals-API.
Why Metals-API?
This impressive service offers updated prices of all metals in the world market; this includes gold, platinum, copper and of course ruthenium. This data is offered with a precision of 2 decimal places and a frequency of up to every 60 seconds, depending on the plan you choose. Do not worry about the origin of the information, since Metals-API obtains it from 16 of the most reliable and secure sources in the world. In fact, if you are looking for LME historical rates api for different precious metals, this is the service for you! Companies like Chainlink, Metex or Barrick Gold are regular clients of Metals-API.
An interesting feature is that Metals-API allows you to see the prices between 170 currencies from all over the world. For example, if you are from Japan the prices will be in yen, if you are Mexican the prices will be in pesos and if you are Chinese the prices will be in Chinese yuan. Always in the most comfortable currency for you.
Before using this service, we recommend reading the documentation within its website. Problems or doubts? If you have any questions, this service has a virtual chat on its website (always online from 9 am to 6 pm (GMT+1)) or directly, send an email to [email protected]. Urgent requests are usually handled within minutes.
Also published on Medium.