Steel axe

A woodcutter's axe. Steel axe is a free-to-play item traded on the Old School RuneScape Grand Exchange.

Steel axe trades for 500 gp, making it one of the cheapest items on the GE. The buy-sell spread is 353 gp (70.6%), which indicates a wide gap between instant buy and sell — typical of less liquid items.

Steel axe has very low trading volume (6 recent trades), which means wider spreads and slower fills. The buy limit of 40 every 4 hours is worth planning around when scaling flips.

Steel axe currently has a negative margin of -354 gp after tax, meaning instant flips would result in a loss at these prices. Margins fluctuate throughout the day — check back later or set a price alert to be notified when the margin turns positive. The price has risen 46.6% in the last hour, indicating upward buying pressure.

Steel axe has a high alchemy value of 120 gp, but at the current buy price it is not profitable to alch.

Set a price alert to get notified when the margin changes, or add this item to your watchlist for quick access.