The alloy furnace is a direct upgrade to the regular furnace. Fuel burns faster in this furnace as it requires higher temperatures to smelt things. That also means that items that can be smelted by a regular furnace smelt faster. The Alloy Furnace is able to smelt steel ingots from iron ingots, mithril ingots, celestial bronze nuggets, imperial gold nuggets, and is able to smelt cold iron helmet, cold iron chestplate, cold iron leggings, cold iron boots, and the cold iron sword.
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