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 110 gp, making it one of the cheapest items on the GE. The buy-sell spread is 5 gp (4.5%), which indicates a tight spread common in actively traded items.

Steel axe has very low trading volume (4 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 -6 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 dropped 5.2% in the last hour, which could signal a buying opportunity if the margin improves.

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.