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OSRS Smithing Money Making: Between Furnaces and Anvils

By Jesus Marquez | Created: March 29, 2024 | Last updated: December 17, 2024 | Read Time: 9 minutes

Working with ores will take you one step closer to a full wallet or at least get you some materials for crafting and trading. However you look at it, you can still make a pretty penny!. Thanks to our guide, brimming with OSRS Smithing money mMaking methods, you will master the use of the furnace, for sure. 

OSRS Smithing Money Making: Items

Smithing will allow you to process raw ores into bars, which will let you use a wide variety of metal items like Runite. However, to access certain ores, you will need a high level of Smithing to be able to use a furnace. Outside the skill level requirement, here are some items that will help you during your adventure using Smithing OSRS money making methods: 

  • Ice Gloves: You can obtain the Ice Gloves by killing the Ice Queen, who is located on top of White Wolf Mountain. These gloves accelerate your process using the Blast Furnace, keeping your hands cold to extract the ores and bars. However, you don’t need to start Heroes’ Quest to obtain the Ice Gloves, and you can get another pair every time you require them. 
  • Smiths Gloves (i): A piece of the Smiths’ Uniform set that you can combine with Ice Gloves. Using the Smiths Gloves will give you a 20% chance of speeding up a smithing action at an anvil, translating to 1 tick.
  • Goldsmithing Gauntlets: These gloves would be a great addition if you want to gain more XP with gold ores while smelting them into gold bars. You can expect an increase of about 2.5 times XP. You can obtain the Goldsmithing Gauntlets by bringing a pair of Magical Steel Gauntlets and 25,000 coins to Avan in Al Kharid Mine.
  • Coal Bag: Coal bags can be an obvious option for OSRS Smithing money making but are also essential items to carry. You can obtain the Coal Bag from Prospector Percy’s Nugget Shop for 100 golden nuggets. The primary use is to hold up to 27 pieces of Coal, but you can increase the amount of coal by up to 36 if you own a Smithing Cape.
  • Bucket of Water: A simple bucket you can fill with water. It’s helpful while using Smithing and smelting because you can use it to cool the metal bars when you take down the furnace. If you don’t have Ice Gloves, this is a great alternative. 

smithing money making osrs

Money Making Smithing OSRS Guide

The high profit you will get from Smithing is gained by smelting high-level ores using the Blast Furnace. You are required to be a Member to access the Blast Furnace since this is a minigame found in Keldagrim. By using a Blast Furnace during your OSRS Smithing money making adventure, you can expect to use half of the coal you usually put in a normal furnace when smelting. Still, there are more ways to make a profit from Smithing, so let’s see what are the most popular: 

Smelting Iron Bars (Blast Furnace) 

A great way to enter the money making Smithing in OSRS is by Iron ore. You will need Smithing level 15, but it’s recommended to have at least level 60 to avoid the entrance fee for the Blast Furnace. The items you will need to go through this process are: 

  • Iron ore
  • Coal
  • Weight-reducing Clothing
  • Coal Bag
  • Bucket of Water or Ice Gloves
  • Energy potion or Stamina potion (optional)
  • 72,000 coins

With moderate attention, you can produce around 5,700 to 6,000 Iron bars per hour, which means you will expect a profit from 329K to 355K coins per hour. For the process, you must place the iron ore on the conveyor belt first, then put the Coal you have in your Coal Bag. You must use Ice Gloves or a Bucket of Water to get your Iron Bars. Since you will need to pay a furnace fee of 1,200 per minute, you must deposit the 72,000 coins in the coffer to use the furnace. 

Smelting Steel Bars (Blast Furnace)

The most important aspect of this OSRS Smithing money making method is to have access to a world with Blast Furnace and Smithing level 30; however, we recommend you to have at least level 60 because, on levels lower than that, you will pay an entrance fee for using the Blast Furnace. The items you will need are as follows:

  • Iron ore 
  • Coal
  • Weight-reducing Clothing
  • Coal Bag
  • Bucket of Water or Ice Gloves
  • Energy potion or Stamina potion (optional)
  • 72,000 coins

With this OSRS Smithing money making method, you can expect production of between 3,000 and 5,4000 Steel Bars per hour, with moderate effort. You have to deposit the coins into the coffer to use the Blast Furnace operated by the Dwarves. Every minute, you will automatically receive a charge of 1,200 coins. After that, you must place the coal on the conveyor belt so you don’t create iron bars. On your second run, put the iron ore on the conveyor belt first, and then use all the coal in your coal bag by clicking on it if you have the ice gloves or if you are dousing it while using a bucket of water. The last thing to do is to collect the bars. The profit you will get is around 271K to 611K coins per hour, depending on the bars made. 

money making smithing osrs

Smelting Mithril Bars (Blast Furnace)

To smith Mithril Bars, you will require at least level 50 Smithing, but we recommend level 60 in a world with Blast Furnace if you would rather not pay the fee. Still, you will need some coins to stay there for an hour. Here are the items list you will need to use this money making Smithing OSRS method:

  • Mithril ore
  • Coal
  • Weight-reducing Clothing
  • Coal Bag
  • Bucket of Water or Ice Gloves
  • Energy potion or Stamina potion (optional)
  • 72,000 coins

The process is similar to most of the Blast Furnace ore, so if you pay the fee, you will expect to have 1,200 coins deducted from your deposit in the coffer. First, you must place the Mithril ore on the conveyor belt, empty your coal bag, and deposit all after the ores. You must do a trip for only coal, and when you return, you will get your first batch of bars, you can use your Ice Gloves or a Bucket of Water to collect the bars from the furnace. The profit from this will vary depending on if you produce between 3,300 and 3,600 bars per hour, but the earnings are 633K to 705K coins per hour. 

Smelting Adamantite Bars (Blast Furnace)

This OSRS Smithing money making method requires level 70 in Smithing and access to a world with a Blast Furnace. Each bar of Adamantite is worth 1,767 coins, and with some moderate attention, you can produce between 2,400 to 2,700 bars per hour. Moreover, the items you will need are similar to previous methods but with a little twist. So let’s see what you need: 

  • Adamantite ore
  • Coal
  • Weight-reducing Clothing
  • Coal Bag
  • Bucket of Water or Ice Gloves
  • Energy potion or Stamina potion (optional)

You don’t need to pay an entrance fee to the Blast Furnace at level 70, but you will still need to deposit the Coffer of at least 72,000 coins per hour. You must first place the Adamantite ore on the conveyor belt and then put the coal in your coal bag. We recommend you make two trips for coal after you place the first batch, and when you come from your second trip, retrieve your bars using the Ice Glove or a Bucket of Water. The profit for this method is about 425K to 498K coins per hour, depending on your efficiency. 

osrs money making smithing

Smelting Runite Bars (Blast Furnace)

This is the Best Smithing OSRS money making method because you use the game's most profitable ore. The process is similar, as are the items to other methods, but you will need at least level 85 Smithing to smelt Runite ores. You will need the following items: 

  • Runite ore
  • Coal
  • Weight-reducing Clothing
  • Coal Bag
  • Bucket of Water or Ice Gloves
  • Energy potion or Stamina potion (optional)

Since you are at a high level of Smithing, you won’t pay an entrance fee for the Blast Furnace, but you must pay the furnace fee, that is, at least 72,000 coins per hour. You can expect to produce 1,850 to 2,150 bars per hour, but that will be enough to earn about 790K to 944K coins per hour. You will start by placing the Runite ore on the conveyor belt, then empty your Coal bag to put the coal. For this ore, you will need to make three trips for coal after you initiate the process, and when you come back from the third trip, you will need to retrieve the Runite bars with the Ice Glove or a Bucket of Water.  

Smithing Cannonballs

Outside the smelting spectrum, you can still make some profit from Smithing. For this OSRS Smithing money making method, you will need at least Smithing level 35 and completion of Dwarf Cannon. The requirements for this method are low, so you can expect to produce between 2,160 to 2,400 cannonballs per hour, but with higher levels, depending on the furnace you choose, you can duplicate this amount and produce between 4,320 and 4,800. You can use the Shilo Village furnace since it’s the closest to a bank to make the process smooth. Here’s the list of items to produce the cannonballs: 

  • Ammo Mould 
  • Steel Bars
  • Double Ammo Mould 
  • Completion of Dwarf Cannon, Song of the Elves, Shilo Village, and Sleeping Village Quest. 

Earnings can range from 116 K to 258K coins per hour, depending on the efficiency and the number of cannonballs produced. 

Smithing Rune Items

Although it’s not the most profitable method in OSRS Smithing money making, it's still an alternative for those who don’t like using the Blast Furnace. The first thing you will need to do is reach Smithing level 99; outside of that, the only item you will require is a hammer. It’s important to note you must invest around 30 million coins to proceed with the method, and we recommend having a Smiths’ Uniform.

This method requires you to use Runite Bars to craft Rune 2h Swords, Rune Platelegs, or Rune Plateskirts. These items are in high demand because they require high-level alchemy, but they require little effort to make, so you can make a decent profit from them. The best location to do so is Varrock West Bank if you are an F2P player, but if you are a member, you can go to Prifddinas. 

To do this Smithing money making OSRS method, you will need a Hammer and 27 Runite Bars, then head to an anvil and smith the Rune piece you like. The most profitable one is the Rune Plateskirt, so in general, for about 900 items made per hour, you can expect a profit of around 743K gold. It can be more if you find and smelt your own Runite ores. 

OSRS Smithing Money Making

OSRS Money Making Smithing FAQ

Using Smithing as a source of income can generate several questions, but here we are to answer everything you need to make your journey in OSRS Smithing money making clear as water, so let’s begin: 

Is Blast Furnace The Best Option For Smithing OSRS Money Making?

Blast Furnace will always be the best option for better profit since you will use half of the Coal you need for a regular furnace. To access the Blast Furnace, you must at least start the Giant Dwarf quest; you can complete it to have access and continue with another quest.  

In OSRS, When Do You Start Making Money With Smithing?

You can expect to make money when you reach Smithing level 15, but you can expect to see an increase in earnings as you reach a higher level. Of course, unlocking access to the Blast Furnace is the most essential part. 

OSRS Smithing Money Making: Summary

It’s hard work to do all that smelting and smithing, but it comes with great rewards and profit, so center on finding the ores and continuing your whole process. Meanwhile, don’t forget to check out other Money-Making guides, like OSRS Farming Money Making, in our blog section. Moreover, don’t let it slide; check the OSRS gold price on our page to get the best price for your purchase. We will see you again in the next blog, happy gaming.


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Jesus Marquez

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