If you need an API that provides you magnesium rates, you must keep reading this article.
Magnesium is a chemical with a variety of applications in building and medicine. It is the lightest structural metal and is necessary for all forms of cellular life. It is the eighth most prevalent element in the Earth’s crust and the fourth most common element overall, making up 13 percent of the planet’s mass and a large percentage of the mantle. It is the third most prevalent element dissolved in seawater, after sodium and chlorine.
In 2018, 1,020 thousand tons of steel were produced worldwide. China, with 800, produced the most. With 65 points, Russia came in second, while the United States came in third with 50.
With all of this in mind, you’re probably considering purchasing this product and staying up to date on the charges. Because this can be difficult, we strongly recommend utilizing an API. This is a user interface for retrieving information from the internet and delivering it to the person who requested it.
APIs are used for many different things all across the world, including by some of the most prominent websites and social media platforms. It may be used for a variety of purposes, but it’s most effective when precise information is needed quickly.
How To Get An API
To use one, you must find software capable of doing so. On the internet, there are a plethora of them, each of which may give you unique information. As a result, you need to exercise caution while making decisions to prevent spending your time with a bad experience.
Magnesium spot rates may be found using Metals-API, one of the most well-known and detailed APIs for precious metals pricing. You can keep track of precious metal spot prices, as well as real-time metal prices and quotations from around the world, using interactive features.
To make use of it, you must first:
- You can create your API key at www.metals-API.com.
- Look for the appropriate metal (MG) as well as the required currency.
- Utilize these symbols to add metal and currency to the list before finishing the API call. In addition, you may select a programming language and a pricing range.
- After that, you just press the “run” button, and you’re finished! On your device, the API will be presented.
This is how the final product will appear:
{
"success": true,
"timestamp": 1519296206,
"base": "MG",
"date": "2018-09-10",
"rates": {
"AUD": 1.566015,
"CAD": 1.560132,
"CHF": 1.154727,
"CNY": 7.827874,
"GBP": 0.882047,
"JPY": 132.360679,
"USD": 1.23396,
[...]
}
}
Why Metals-API
Metals-API is a tool that provides accurate and up-to-date data on any precious metal in any currency. The free plan’s data is updated once each hour and is accurate to two decimal places. In this instance, you will also receive 50 API calls every month. If you purchase an annual package, you will receive more API calls and data per minute.
Our software gets data from over 15 reliable data sources every minute. Among them are banks and financial data suppliers. As a consequence, you’ll get extremely accurate pricing. Metals-API covers magnesium, silver, aluminum, platinum, and palladium, among other precious metals.