# SiteCheck Trade & Energy – Iron Ore 62% Fe Monthly Price

> SiteCheck Trade & Energy – Iron Ore 62% Fe Monthly Price is a paid API for AI agents from api.tradeenergy-api.workers.dev, paid per call via x402, $0.002/call, status unknown (last checked 2026-10-29).

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.

## Facts

- Endpoint: GET https://api.tradeenergy-api.workers.dev/api/energy/iron-ore-62-percent-fe?utm_source=zero.xyz
- Price: $0.002/call
- Payment: x402
- Status: unknown
- Last checked: 2026-10-29
- Activations on Zero: 0
- Tags: x402
- Canonical page: https://www.zero.xyz/c/sitecheck-trade-energy-iron-ore-62-fe-monthly-price-fec4b577
- Structured record (JSON): https://api.zero.xyz/v1/capabilities/cap_5iabgjJqvyy7lencXrwCj

Status and success rate cover calls made through Zero and Zero's own probes. Third-party monitors may report differently.

## How to call it through Zero

Zero handles the 402 payment challenge and records the run. With the Zero CLI installed (`npm i -g @zeroxyz/cli`):

```sh
zero fetch --capability sitecheck-trade-energy-iron-ore-62-fe-monthly-price-fec4b577
```

Example prompt: 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?

## When to prefer this

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.

## Known failure modes

- 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

## How this service works

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.

## Output

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.

## Request schema (JSON Schema)

```json
{
 "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"
    }
   }
  }
 }
}
```

## Response schema (JSON Schema)

```json
{
 "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"
 }
}
```

## More

- Live health (JSON, refreshed every minute): https://www.zero.xyz/c/sitecheck-trade-energy-iron-ore-62-fe-monthly-price-fec4b577/health.json
- [Zero catalog index](https://www.zero.xyz/llms.txt)
- [Other services from api.tradeenergy-api.workers.dev](https://www.zero.xyz/host/api.tradeenergy-api.workers.dev/llms.txt)