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Crafting estimate at current listings
At current lowest listed prices one craft shows an estimated profit of 56 silver25 copper. Listings are asking prices, not sales.
- Reagent cost (lowest listed)
- 6 gold4 silver
- Crafted item, lowest listed price
- 6 gold95 silver
- Auction House cut (5%)
- 34 silver75 copper
- Estimated profit at that listed price
- 56 silver25 copper (+9%)
- Evidence: 30 current listings holding 15,566 units of the crafted item in the US region. We see listings, not sales, so how many sell and at what price is unknown.
Cost per reagent
| Reagent | Qty | Each | Cost | Share |
|---|---|---|---|---|
Metal & Stone · 7,315 on the Auction House · crafted by Smelt Iron (Mining) | 1 | 5 gold99 silver | 5 gold99 silver | 99% |
Metal & Stone · 5,366 on the Auction House | 1 | 5 silver | 5 silver | 1% |
| Total per craft | 6 gold4 silver | 100% |
About Smelt Steel
One craft takes 1 Iron Bar and 1 Coal. Steel Bar is itself a reagent in 17 other recipes (Blacksmithing and Engineering).
- Recipe category
- Smelting (Mining)
Steel Bar tooltip
Steel Bar: lowest listed price, last 30 days
The current lowest listing sits at its 30-day median. Over these 30 days the lowest listing moved more than tenfold, so a single snapshot, including the one the estimate uses, can sit far from typical.
- Now
- 6 gold95 silver
- 30-day low
- 3 gold91 silver Oct 7
- 30-day high
- 998 gold71 silver Oct 22
- 30-day median
- 7 gold
- 7-day median
- 7 gold
- Hourly snapshots
- 692
US region, the cheapest listing at each hourly Auction House snapshot. These are asking prices, not sales.
Where the reagents come from
Iron Bar. Made with Smelt Iron (Mining, Classic Mining) from 1
Iron Ore. At lowest listed prices that makes one Iron Bar for 4 gold82 silver, against 5 gold99 silver listed. Also a required reagent in 34 other recipes (22 Blacksmithing, 6 Engineering, 4 Jewelcrafting and 2 Alchemy); Barbaric Iron Breastplate takes the most, 20 per craft.
Coal. No recipe, Blizzard quest reward or dungeon journal drop in our game data produces it. Also a required reagent in 3 other recipes (1 Engineering, 1 Enchanting and 1 Blacksmithing); the most per craft: Halfhill Cookpot (Engineering, 8 per craft), Intense Mogu Brazier (Enchanting, 5 per craft) and Pandaren Signal Brazier (Blacksmithing, 4 per craft).
Reading these numbers
At current lowest listed prices the 2 reagents for one craft of Smelt Steel cost 6 gold4 silver. Most of that is Iron Bar - 1 at 5 gold99 silver each, 5 gold99 silver, 99.2% of the whole basket. Watch that one price and you have watched most of this recipe.
Break-even is 6 gold35 silver - below that listed price the craft loses gold once Blizzard’s 5% cut is taken. The crafted item’s lowest listed price is 6 gold95 silver, which clears it.
At that listed price the gross margin before fees is 91 silver; the Auction House would keep 34 silver75 copper of a sale, leaving 56 silver25 copper. That is an estimated 9.3% return on the gold you put into reagents, after the cut has taken 38.2% of the gross.
Listing depth right now: 15,566 units across 30 auctions region-wide. Depth separates a market price from a single asking figure, but listings are not sales, so read it alongside the estimate.
Costs use each reagent’s lowest listed price; the estimate is the crafted item’s lowest listed price, times the items one craft makes, minus those reagents and Blizzard’s 5% sale cut. Listings are asking prices, not sales. Recalculated every snapshot and left blank rather than guessed when a price is missing. How we estimate crafting profit →
Other recipes that use Iron Bar
Featured in guides
Guides and routes on this site that cover Steel Bar.