Making steel bars is a classic method used to make money. Its well known through out Runescape for its ease, profits, and smelting experience. For this method, the only requirement is level 30 Smithing (this requirement can be easily reached by doing "The Knight's Sword" Quest). Not only is this good training, but it's also one of the best ways to get from the 400k-500k range all the way to your first MILLION GP!
To start off, you need to obtain the ores necessary to make 1000 Steel Bars. You can either buy the ores (a LOT faster, more expensive, less profits) or mine the ores (a LOT slower, free, more profits, mining experience).
I would recommend just buying the ores, because in the time it takes to mine the ores, you could already do the method multiple times because of its speed, and as a result, gain more GP.
The method itself is very simple. Go to the Grand Exchange and buy 1000 Iron Ores and 2000 Coal Ores. Your expenses should come out to a total of about 500K.


However, if you don't have the money to buy the ores, or if you just want some mining experience, you could always mine the ores.
Now, here's the great part about this method. Once you smelt all the ores, you will have 1000 Steel Bars. A steel bar can sell for 900 GP EACH!! So how much GP will you end up with?
That's almost 1 MILLION GP!!
Now whether you mine the ores or buy them, you've got to smelt them. Store all the ores into your bank and head over to the desert city of Al-Kharid, located east of Lumbride if you are a free player (you need 10 gp to pass the toll gate that encloses Al-Kharid) or or the smelting place north of Edgeville Bank if you're a member.

Once you are there, head to the bank and wear light-weight equipment that would make it easy to run around (or better yet, wear no equipment!). If you are a member, try wearing things that decrease your weight, such as Boots of Lightness, Spotted/Spottier Cape, and Penance Gloves.

Recommended F2p Smelting Outfit - Nothing Equipped

P2P Outfit (Image from Sal's Realm of Runescape)

Then follow the path in the picture shown below to get from the bank to the smelting place.

F2p Path in Al Kharid
Upon arrival, just click on the furnace or right-click the furnace and select "smelt furnace"


Your character will automatically smelt the bars, and your inventory will have 9 Steel Bars. Head back to the bank and store the bars, then repeat the process.
Continue repeating he process until you have smelted all the ores and have 1000 Steel Bars in your bank.
Congratulations! Now it's time to sell the bars! Let's pull up the profits table to see how much you will make:
Amount of Steel Bars x Price Each = Total Value
If you are a member, you have the option of making them into Cannonballs to make even more money! CLICK HERE FOR CANNONBALLS GUIDE
Why stop this process when you reach 1 Million GP? You could repeat this process and make thousands of Steel Bars and be well on your way to making MILLIONs of GP! Did I mention you will rack hundreds of thousands of smithing exp along the way? Double cha-ching! Happy smelting!
KingPlatnom


Shad
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22 comments:
nice!!!
At date im already a millionaire (done some merchating aswell).
Im just wondering if this is faster than the cowhide to leather method (appr. 50k profit per 1k materials).
Enjoying all the new updates (but still waiting for range guide)
I can help if u want email me
wesdadude830@hotmail.com
love the guide
the mstr
Woo.First to comment.Anyways,Thank-
you so much for these guides.Their brilliant.
Wow, this guide you guys made OWNS! Thank goodness i'm a member, this is way better than gathering swamp toads as a member! This is what im doing later today. ;)
also you can bank n smelt in fally
i added it up and it made 945k but i have 100k and full granite. if i sold my armor and used that money i could buy full dharoks! even without my armor u could still get torags with this strategy. only i have to train my defence. anyway awesome guide!
i cant wai to test out these methods.when i become a millionare im gonna buy myself some black gold trimmed
i cant wai to test out these methods.when i become a millionare im gonna buy myself some black gold trimmed
Also, if you are P2p you can use the edgeville furnace if you've done the Varrok achievement diary.
you dont have to pay 10gp to get into al kharid,
you can come south from varrock and theres a hole in the fence.
i did this with my last account but i rescued prince ali so i got thru free neways.
got 90 smithing this way plus mad money
till i got hacked =/
u make tons from this could u do it with superheat or only furnace
Great Guide !! keep up the good work
dude i love your guides i follow them to the dot! lol anyways i think im going to try this out since i made 500k from following earlier tuts
and btw the minotaur thing in the range guide is genius lol on my pure i went in there with only 250 arrows left from other training and forgot to buy more and i ended up leaving with 1.5k lol
well i wouldve said pokesr123 instead of anonynous but it takes to long. anyway if u make 1.5k bars u make 945k but still if i do that alot i bet i can buy a d chain easy! (i hate barb assult) even tho i bought a bunch of new armor so i cant buy the materials so i have to get them my self, ill mine them. it might take a long time, but it took me the whole time ive been playing to get 1.2mil worth of armor, so if it takes a month ill be happy so if i work hard enough ill be able to get my chain. ty for the guide!
btw its me poke again and i forgot to say, that i could use superheat to train mage and make money. then when i get hi alch from the training ill be able to get even more cash and mage training ty again!
i hope the cannonball guide comes out soon. if there 1k each im gonna faint lol. anyway nice guide!
Here is a way to get fast crafting, which can soon get you CA$H, Buy gold bars and cut sapphires. Thats spending a total of 572gp. Now get a braclet mould and head to Al Kharid. take 13 gold bars and 13 cut sapphires. Smelt them together and make a sapphire braclet. This can get you SUPER FAST crafting! Sell the braclets for about 580-600 each. This doesnt get you much cash, YET! doing this, you can get 40 crafting. Getting you into the crafting guild. There is actual GOLD in the crafting guild. Mine this stuff to get you the BIG CASH
lol I did a different way and got 3m and then bought a whole bunch of runes for magic and had 50k left over D:
I saw this one cuz I was interested in smithing and bought 100 iron and 200 coal and kept buying more and my gp kept rising! I got 3m and wasted it again!
for money i merchant :D
this is what i do :P
buy d'hide g bodies
buy d'hide g chaps
set and sell for highest xD
dude with 3 mill i could buy a ton on full rune sets or adamant g trimmed sets.
Hi! I am a frequent RS player & would like to point something out. Where is says AL KHARID Bank/Furnace it would be slightly faster with the following:
Nothing Equipped,
Just ores (18 COAL & 10 IRON),
&
Varrok WEST bank.
Thanks for your time thersmg.com !
200 bars in half an hour
CAN U SUPERHEAT w/O loss?
if so it's a good mage method.
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