{"uid":"cap_5iabgjJqvyy7lencXrwCj","slug":"sitecheck-trade-energy-iron-ore-62-fe-monthly-price-fec4b577","name":"SiteCheck Trade & Energy – Iron Ore 62% Fe Monthly Price","description":"Monthly iron ore reference price in USD per dry metric ton (World Bank series PIORECRUSDM, via FRED). Not the Platts 62% Fe CFR Qingdao spot benchmark; the route name is kept for the owner. Latest value plus up to 24 months of history.","url":"https://api.tradeenergy-api.workers.dev/api/energy/iron-ore-62-percent-fe?utm_source=zero.xyz","method":"GET","headers":{},"bodySchema":{"type":"object","$schema":"https://json-schema.org/draft/2020-12/schema","required":["input"],"properties":{"input":{"type":"object","required":["type","method"],"properties":{"type":{"type":"string","const":"http"},"method":{"enum":["GET"],"type":"string"},"queryParams":{"type":"object","required":[],"properties":{"months":{"type":"string","description":"Months of history, 1 to 24 (default 3)"}}}},"additionalProperties":false},"output":{"type":"object","required":["type"],"properties":{"type":{"type":"string"},"example":{"type":"object"}}}}},"responseSchema":{"type":"json","example":{"unit":"USD per dry metric ton","latest":{"date":"2026-09-01","value":100.4409090909091},"source":"https://fred.stlouisfed.org/graph/fredgraph.csv?id=PIORECRUSDM","history":[{"date":"2026-09-01","value":100.4409090909091},{"date":"2026-08-01","value":99.61904761904762}],"checkedAt":"2026-10-23T09:38:22.557Z"}},"example":null,"exampleRequest":null,"tags":["x402"],"displayCostAmount":"0.002","displayCostAsset":"USDC","priceDynamic":false,"priceHint":null,"priceStatus":"priced","priceSource":"probe","requiresHandshake":false,"reviewCount":0,"rating":{"score":"0.00","successRate":"0.00","reviews":0,"stars":null,"state":"unrated"},"availabilityStatus":"unknown","priceObserved":null,"sessionDeposit":null,"pricing":{"kind":"static","summary":"$0.002/call","primary":{"kind":"static","protocol":"x402","network":"base","amountUsd":"0.002","per":"call","confidence":"exact"},"accepted":[{"kind":"static","protocol":"x402","network":"base","amountUsd":"0.002","per":"call","confidence":"exact"}]},"paymentMethods":[{"uid":"pm_l6bL_jIvLzaQ9tK9rRKtW","protocol":"x402","methodType":"crypto","chain":"base","mode":"charge","costAmount":"0.002","costPer":"request","priority":0,"asset":"0x833589fCD6eDb6E08f4c7C32D4f71b54bdA02913","unit":"request","depositMicros":null,"planRef":null}],"brandName":null,"brandSlug":null,"brandBaseUrl":null,"brandDocsUrl":null,"whatItDoes":"Returns the World Bank monthly iron ore reference price (USD per dry metric ton) from FRED series PIORECRUSDM, with up to 24 months of history.","exampleAgentPrompt":"What is the latest World Bank iron ore reference price in USD per dry metric ton, and can you show me the last 12 months of monthly history from FRED?","exampleUseCases":[{"title":"Steel cost model inputs","prompt":"Pull the latest iron ore reference price from FRED and give me the last 6 months of monthly history so I can update my steel cost model."},{"title":"Commodity dashboard price feed","prompt":"I need the current World Bank iron ore price in USD per dry metric ton plus 24 months of historical data to populate our commodity dashboard."},{"title":"Iron ore price trend alert","prompt":"What has the monthly iron ore price been doing over the last year? Show me 12 months of FRED PIORECRUSDM data so I can see if there's a downward trend."}],"resultDescription":"A JSON object containing: the latest iron ore price (USD per dry metric ton) with its date, an array of up to 24 monthly historical {date, value} records, the FRED source URL, and a checkedAt ISO timestamp indicating when the data was last fetched.","failureModes":["FRED upstream unavailable: may return stale or empty data","Invalid 'months' parameter (outside 1–24 range): may default or return error","Payment not processed (x402 protocol failure): request rejected before data returned","No recent data if FRED has not published the current month yet"],"whenToPreferThis":"Use this endpoint when you need the World Bank's official monthly iron ore reference price (FRED series PIORECRUSDM) in USD per dry metric ton with historical context. It is ideal for commodity pricing models, trade finance dashboards, or macroeconomic analysis. It is NOT the Platts 62% Fe CFR Qingdao real-time spot price; prefer it for official reference/benchmark use cases rather than intraday spot trading.","instructions":null,"reviewSummary":null,"reviewSummaryHighlights":null,"reviewSummaryConcerns":null,"reviewSummaryGeneratedAt":null,"activationCount":0,"lastUsedAt":null,"lastSuccessfullyRanAt":null,"lastHealthCheckAt":"2026-10-29T00:34:32.198Z","isFirstParty":false,"canonicalSlug":"sitecheck-trade-energy-iron-ore-62-fe-monthly-price-fec4b577"}