Showing posts with label transmute. Show all posts
Showing posts with label transmute. Show all posts

Friday, 4 January 2013

Living Steel - Still Profitable?

Living Steel - Still Profitable?
I think most of us know that Living Steel was a great way to make some really good gold early on during the expansion but as prices dropped, many moved away from this market as the profit margins got smaller. I know I was one of those who left it for a while, especially as the Ghost Iron Ore price didn't seem to come down by much at the same time. However, I recently snagged a bargain bundle of Ghost Iron Ore & decided to look at the costings for Living Steel once more.

I bought 92 stacks of Ghost Iron Ore at around 32g per stack for a total cost of 2944g. I already had 4 stacks in my bags so I converted all of them to Ghost Iron bars (48 stacks of bars), split them in half & sent 24 stacks to each of my alchemists. Converting 24 stacks of Ghost Iron bars to Trillium, I expected 48 Trillium bars for each alt but both my alchemists are Transmute Mastery so in the end, I received 62 on one alt & 61 on the other.

So that gave me enough Trillium Bars to do the Living Steel transmute  for 10 days on both alchemists so I kept a note of how many I received each day, obviously hoping for some nice procs! Without transmute mastery, I would have received just 20 Living Steel but in the end, I received 27.

I've been selling them as I produce them except on days when the price dropped really low. At the last count, I had sold all of them for a total of around 10900g. With an initial outlay of just 3000g, I think it's fair to say that yes, Living Steel is still profitable on my server as long as I watch my raw material costs.

What I haven't done is check for other uses of Living Steel. It may be that crafting Epic armor, the panther mounts or the Living Steel belt buckle would be more profitable but I don't have the patterns yet so plain Living Steel is my best option. As always though, check your own auction house for prices & use your own judgement.


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