Retrieve Nickel Pig Iron (NPI) market prices using this API

Introduction

In the ever-evolving landscape of metal markets, the demand for Nickel Pig Iron (NPI) has surged, driven by its critical role in the production of stainless steel and other alloys. As developers and businesses seek to navigate this dynamic market, leveraging real-time data becomes essential. The Metals-API offers a robust solution for retrieving Nickel market prices and other metal data, empowering developers to create innovative applications that can respond to market fluctuations with agility and precision.

Understanding Nickel (XNI)

Nickel, represented by the symbol XNI, is a key metal in various industrial applications, particularly in the production of stainless steel. The digital transformation in metal markets has paved the way for technological innovations that enhance data analytics and insights. By integrating smart technology, businesses can harness real-time data to make informed decisions. The future of the nickel market is poised for growth, with advancements in technology enabling better tracking of prices and trends.

Digital Transformation in Metal Markets

The digital transformation in metal markets has revolutionized how data is collected, analyzed, and utilized. With the rise of APIs like the Metals-API, developers can access real-time market data, enabling them to build applications that provide insights into price fluctuations, historical trends, and predictive analytics. This transformation is not just about data availability; it's about leveraging that data to drive strategic decisions in a fast-paced market.

Technological Innovation and Advancement

Technological advancements have significantly impacted the way metals are traded and monitored. The Metals-API stands at the forefront of this innovation, offering a suite of features that allow developers to retrieve the latest rates, historical data, and even bid/ask prices for Nickel and other metals. This API empowers businesses to stay ahead of market trends and make data-driven decisions.

API Description

The Metals-API is a powerful tool designed to provide developers with real-time and historical data on various metals, including Nickel. With its comprehensive capabilities, the API allows for seamless integration into applications, enabling users to access critical market information effortlessly. The API's functionality is centered around delivering accurate and timely data, which is essential for making informed trading decisions.

For detailed information on how to implement and utilize the API, refer to the Metals-API Documentation. This resource provides comprehensive guidance on the various endpoints available, including their functionalities and how to effectively use them in your applications.

Key Features and Endpoints

The Metals-API offers a variety of endpoints that cater to different data needs. Here are some of the key features:

Latest Rates Endpoint

The Latest Rates Endpoint provides real-time exchange rate data for Nickel and other metals. Depending on your subscription plan, this endpoint can return updated rates every 60 minutes, every 10 minutes, or even more frequently. This feature is crucial for developers looking to build applications that require up-to-the-minute pricing information.

{
"success": true,
"timestamp": 1779408535,
"base": "USD",
"date": "2026-05-22",
"rates": {
"XNI": 0.142857
},
"unit": "per troy ounce"
}

Historical Rates Endpoint

Accessing historical rates is vital for analyzing market trends over time. The Historical Rates Endpoint allows users to retrieve data dating back to 2019. By appending a specific date in the YYYY-MM-DD format, developers can query the API for past rates, enabling them to conduct thorough market analyses.

{
"success": true,
"timestamp": 1779322135,
"base": "USD",
"date": "2026-05-21",
"rates": {
"XNI": 0.140000
},
"unit": "per troy ounce"
}

Bid and Ask Endpoint

The Bid and Ask Endpoint is a powerful feature that provides real-time bid and ask prices for Nickel. This information is essential for traders who need to understand the market's current buying and selling prices. Depending on your subscription plan, this endpoint can deliver critical pricing data that can influence trading strategies.

{
"success": true,
"timestamp": 1779408535,
"base": "USD",
"date": "2026-05-22",
"rates": {
"XNI": {
"bid": 0.142000,
"ask": 0.143000,
"spread": 0.001
}
},
"unit": "per troy ounce"
}

Convert Endpoint

The Convert Endpoint allows users to convert any amount from one metal to another or to/from USD. This feature is particularly useful for businesses that deal with multiple currencies and need to perform conversions regularly.

{
"success": true,
"query": {
"from": "USD",
"to": "XNI",
"amount": 1000
},
"info": {
"timestamp": 1779408535,
"rate": 0.142857
},
"result": 142.857,
"unit": "troy ounces"
}

Time-Series Endpoint

The Time-Series Endpoint enables users to query the API for daily historical rates between two specified dates. This feature is invaluable for developers looking to analyze trends over specific periods, allowing for better forecasting and decision-making.

{
"success": true,
"timeseries": true,
"start_date": "2026-05-15",
"end_date": "2026-05-22",
"base": "USD",
"rates": {
"2026-05-15": {
"XNI": 0.140000
},
"2026-05-22": {
"XNI": 0.142857
}
},
"unit": "per troy ounce"
}

Fluctuation Endpoint

The Fluctuation Endpoint provides insights into how prices fluctuate over time. By tracking rate changes between two dates, developers can gain a better understanding of market volatility, which is crucial for risk management and strategic planning.

{
"success": true,
"fluctuation": true,
"start_date": "2026-05-15",
"end_date": "2026-05-22",
"base": "USD",
"rates": {
"XNI": {
"start_rate": 0.140000,
"end_rate": 0.142857,
"change": 0.002857,
"change_pct": 2.04
}
},
"unit": "per troy ounce"
}

Open/High/Low/Close (OHLC) Price Endpoint

The OHLC Price Endpoint allows users to retrieve open, high, low, and close prices for a specific time period. This data is essential for traders who rely on technical analysis to make informed decisions.

{
"success": true,
"timestamp": 1779408535,
"base": "USD",
"date": "2026-05-22",
"rates": {
"XNI": {
"open": 0.140000,
"high": 0.145000,
"low": 0.139000,
"close": 0.142857
}
},
"unit": "per troy ounce"
}

Historical LME Endpoint

The Historical LME Endpoint provides access to historical rates for LME symbols, dating back to 2008. This endpoint is particularly useful for developers needing extensive historical data for analysis and reporting.

{
"success": true,
"timestamp": 1779322135,
"base": "USD",
"date": "2026-05-21",
"rates": {
"XNI": 0.140000
},
"unit": "per troy ounce"
}

API Key and Response

Your API Key is essential for accessing the Metals-API. It is passed into the API base URL's access_key parameter, ensuring secure and authorized access to the data. The API delivers exchange rates relative to USD by default, with all data returned in a structured JSON format, making it easy to integrate into applications.

Available Endpoints

The Metals-API comprises 14 endpoints, each designed to provide specific functionalities. Developers can explore these endpoints to find the data that best suits their needs. For a complete list of supported symbols and their specifications, refer to the Metals-API Supported Symbols.

Conclusion

The Metals-API is a transformative tool for developers and businesses operating in the metal markets, particularly for those focused on Nickel Pig Iron. By providing real-time data, historical insights, and a variety of endpoints, the API empowers users to make informed decisions and stay ahead of market trends. As the demand for Nickel continues to grow, leveraging such innovative technologies will be crucial for success in this competitive landscape. For more information on how to implement the API and explore its capabilities, visit the Metals-API Website and check out the Metals-API Documentation.