Do you have a web that provides copper data? Offer users the possibility of finding the best option and provide info about the spot price of the metal with this API.
Copper is one of the most important metals for industries. It has powerful versatility and use. Hence, this is a metal that is continuously being traded in the market. In consequence, it is important for buyers to get data about the spot price.
The Spot Price refers to the value of the copper trading in the day. This way, buyers can have a better perspective on its price, compare it with other days, decide to wait, act, and more. For this reason, this information must be in metals webs and apps. The way to add it is by integrating an API that offers the feature. Luckily, we’ll end this article recommending an API that does. For now, let’s read more about copper.
Copper & Industries
Leaving precious metals aside, copper is the best conductor of heat and electricity. For this reason, it is one of the main materials present in applications in the energy sector. It is also widely used in transformers, motors, and busbars, for which it is used in the form of a copper plate.
In renewable energies it is a key element for several reasons:
It allows welding, which makes it an economical and durable metal; Furthermore, copper keeps its properties intact even after recycling it several times. Recycling copper saves energy and CO2 emissions, as well as reintroducing a non-ferrous metal of enormous value to the market.
For its multiple uses, it is presented as a copper bar, copper plate, or copper tube. Thus, it covers needs in areas as varied as shipbuilding, plumbing, refrigeration, decoration, and jewelry. To complete, there is the copper sheet, which is obtained after a rolling process until the desired thickness is achieved.
We can see why copper is one of the most popular metals in most companies and sectors. It has a diversity that blends in different needs and uses. Hence, webs and apps that offer copper and metal information tend to receive good traffic from users. But for them to stay, they must be rich with data, offer spot prices, diversity of metals and their prices, and so on.
Metal prices can fluctuate drastically, which is why knowing how the market is moving is essential. Thankfully the integration of an application programming interface can take care of all of this.
Metals-API will inform users of any crucial metallurgical information. Thus, its integration is essential for monitoring what the market is doing, spotting trends, producing intelligent commentary, and other related tasks.
Due to the reach of Metals-API, it will provide worldwide tendencies of metals and their correspondent currency. Also, the API provides uncountable data about copper and other metals like gold, iron, and aluminum. Not only does the API provide spot prices but also historical rates, lowest and highest prices, and so on.
Moreover, this metal interface provides security because of its reliable sources, support, and detailed documentation.