Why doesn’t the cost of these correlate to the investment needed to produce them?

Bread= $3.80/pound.
Cold drawn bars for machining right now ~$0.66-68/pound.

This great question came from a discussion I had with Ronnie Masliansky, General Manager, Marketing and Product Control, Arcelor Mittal Steel.

Arecelor Mittal Long Carbon North America is a PMPA Technical Member.

So why do you think that the price of these items doesn’t correlate with the investment needed to produce them?