Overall, smithing is not incredibly good for money making in the short term, but good if a player sticks with it long enough. In addition, for players buying bars (because Smithing experience is earned faster at the anvil rather than at the furnace), bars of all types are also tertiary ingredients for Summoning, which has increased the demand for most types of bars, causing prices to inflate.
There is also a small demand for steel bars due to their use in Construction. Due to the relatively low prices for smithable weapons and armour, smithing items isn’t recommended to make money, with few exceptions.
| Effectiveness | Smithing level requirement | Details | Risk factors | Other requirements |
|---|---|---|---|---|
| ***** | Level 30 | Players can mine or buy iron ore and two coal and smelt them into steel bars. If you possess a Magic level of 43 or higher you may use the spell Superheat item and smelt the ore without having to go anywhere! It is recommended that you wield a fire staff and buy the nature runes (one required per spell), although this method might earn slightly less cash it provides Magic experience and saves having to bank repeatedly.Head to the Dwarven mines and mine the ore there; smelt it after you have obtained a full inventory. Steel bars sell for 1,081 coins each. This method helps raise your Mining, Magic and Smithing simultaneously! | Level 14 Scorpions | 43 Magic if using the Superheat item method |
| ***** | Level 50 | Mithril bars sell for 1,732 coins each. If the materials (one mithril ore and four coal per bar) are purchased, you can earn up to 352 coins per bar using the Falador or Al Kharid furnaces. At five bars per trip, you can make about 105600 coins and 9,000 experience per hour. Superheating the ore can be done with this method too resulting in a 95 coin profit. | None | 43 Magic if using the Superheat item method |
| ***** | Level 70 | Adamantite bars sell for 3,080 coins each, and require one adamantite ore and six coal per bar. Purchasing the materials then selling the bars gives a profit of 353 coins per bar. At four bars per trip, you can make about 84720 coins and 9,000 experience per hour. Superheating the ore can be done with this method too resulting in a 96 coin profit. | None | 43 Magic if using the Superheat item method |
| ***** | Level 85+ | Smelting rune bars from eight (8) coal ores and one (1) runite ore yields approximately 72 coins profit per rune bar smelted. However, due to the difficult nature of obtaining the ores yourself, and the high pre-requisite price required, combined with being unable to smelt many rune bars at once due to inventory restrictions, this method should only be used for players who already have a significant amount of cash before starting. Superheating the ore can be useful because of the low amount of bars per trip. | None | 43 Magic if using the Superheat item method |
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