If you want to get terbium prices, then use an API. We’ll describe how to obtain it in this article.
Terbium is a silvery-white rare earth metal that is malleable, ductile, and soft enough to cut with a knife. The ninth member of the lanthanide series, terbium is a fairly electropositive metal that reacts with water to generate hydrogen gas.
Many sectors utilize terbium such as in energy-saving light bulbs and mercury lamps. In fluorescent lights and color television tubes as green phosphor industries use terbium. For example, the use of this metal improve the safety of medical X-rays by allowing the same image quality. It occurs with a much shorter exposure time. Lasers make use of terbium salts.
Metal prices change daily. The influence on the price consist in the dynamic of producers and consumers, as well as energy prices. Pure terbium prices are around $18,000/kg.
Many industrialized countries, which is why we commented above, are concerned about the availability and obtaining of this metal. It is on the list of critical metals since it is scarce. This scarcity is not because it does not exist in the earth’s crust, since it is found in excess, but rather because it has a tiny concentration of pure metal since it is generally extracted together with other metals. Most suppliers of this metal are China and Russia.
Why Use An API?
As we have already seen, it is a metal that is scarce at the same time that it is very important in the creation of more advanced technology. So if you are thinking of investing in that metal or assisting investors, you need to be up to date with its prices. For this, it is necessary to use an API.
APIs are technologies that send information from one device to another, whether they are cell phones, computers, or other types of computer-designed machines such as ATMs. Precisely the function of the API is to insert it into the structural design of these devices to update information automatically.
In this sense, you must acquire an API that provides accurate and fast information on terbium prices in real-time. One of the most recommended to meet this objective is Metals-API. Not only does it provide current prices but you can access historical rates and fluctuation data to understand all the factors that influence the constitution of the price of terbium. In this way, you will have more tools to decide the best time to invest.
About Metals-API
Metals-API is very popular among programmers as it is very simple to use. It works in different programming languages as well as JSON, Python, and PHP. You can access values of the most common metals such as gold, silver, and palladium and also the rarest such as terbium, lithium, and tungsten.
By including both historically traded metals and discoveries, this API will help you take your business into the future. You will be able to access all kinds of information acquired from the most reputable sources such as CME Group and LME Rates API.