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by wbl 2721 days ago
Iron is much more useful. It also requires more energy to extract.
1 comments

iron is far more abundant though.
The price of a commodity depends more on the energy, labor, and technology required to extract it and consequent market power of the main producers than on its abundance in the earth's crust. Otherwise strontium ($1000/kg, 360 ppm in crust) would be a lot cheaper than tin ($16/kg, 2.2 ppm).