Are you currently looking for a magnesium rates api? Try out this one for free!
This element occupies the 8th step in the scale of most wanted materials existing in the earth’s crust. It’s also in the sea’s water, dissolved. On the contrary, magnesium in a metal stage isn’t possible to find in nature. Its extraction is complicated because it’s always in combination with other minerals. Nearly sixty of them have it. Besides, it’s the main character in biological processes like photosynthesis because it’s part of the composition of the chlorophyll of the plants.
In the manufacturing sector, the principal function of magnesium is in alloys, regularly used in aluminium allows. The automotive industry uses these alloys massively for tires and other car parts. The most relevant buyers of this mineral are Germany, the United States, the Netherlands, Japan and Canada. All spent more than eighty million on imports of this material.
Globally, the countries that produce the most magnesium are China, Malaysia and the United States. Magnesium has become a highly coveted type of product because its alignment with aluminum is capable of forming various forms of computer boards, batteries, and even certain types of cables.
Due to this, countries like Japan that are leaders in the production and manufacture of cell phones, computers and technologies that contain the thermal conductivity product that is produced with magnesium have put their interest in investing in this type of metal, in order to expand their technological productions. To do this, they use a magnesium rates api.
Get started with Metals-API
We recommend beginning with this Metals-API because it gives quick access to data on metals and currencies. This software uses JSONP callbacks, a responding system that uses an accessible language to reply to your request and tell you whether the information you want is available or not. The answer will take up to an hour with a free subscription.
To send a request, you’ll need an API key to enter into the API base URL’s access key; this is how the metals-API API authenticates your key. It might look intricate, but it is not that hard.
Once you get the API key, you can request data in different world currencies and metal rates. In addition, depending on your subscription, you can demand historical data rates, data fluctuation between two certain dates, and other features.
How to Use Metals-API?
1 – Register on https://metals-api.com/. On the right side of the page, there’s a button called ‘API-key’, click it.
2 – Look for the symbols that fit your search.
3 – Make an API call with them. But first, establish a three-letter code for your chosen metals and a base currency for your desired currency.
READ MORE:
Best API To Get Precious Metals Data From Shanghai Futures Exchange – TheStartupFounder.com
Also published on Medium.