How Much a Bar of Steel is Worth
A bar of steel worth $5.00, when made into ordinary horseshoes is then worth $10.00. If this same $5.00 bar of steel is manufactured into needles, the value rises to $350.00. And yet if it is made into delicate springs for expensive watches, it is worth more than $250,000.00. The same bar of steel is more valuable by being cut to its proper size, passed through one blast furnace after another, again and again, hammered and manipulated, beaten and pounded, finished and polished until it’s ready for those delicate tasks. (M.R. DeHaan, Broken Things).