Moraskorr

Also known as "Red Steel". Red precious metal with magical properties. Moraskorr is usually found within blood ore (hematite). If smelted properly, it can be forged to the strength of steel. Its finest magical property is that it is able to contain some kind of spirit. Most intelligent weapons are made from moraskorr. These weapons do not appear red, as the color usually disappears after absorbing the entity. It is rare and worth about 30-40 times the value of gold, if pure.