We've made some changes in steel and spears production.
For steel: now Forge in K&E takes 100 iron ore to create 5 units of steel. (Before it was 50 iron ore to create 1 unit of steel).
For spears: now Blacksmith in K&E takes 5 units of steel to create 5 spears. (Before it was 50 units of steel to create 1 spear).
If you don't have a settlement yet you can get for free through Create Settlement page.
SHORT TUTORIAL ON HOW TO MAKE STEEL & SPEARS
Cost of setting weaponry business (Forge and Blacksmith construction price) is quite high because it produces weapons. Those who produce weapons can make a good money from dealing with arms. Spears are needed by Academies (military specialization) for training spearmen. Because of this Weaponry specialization might not be for everyone but don't worry there are other specialitations and you don't neccessary have to be in weaponry to be successful in K&E game.
Steel is a very important material in weaponry as it's used to create spears (and other weapons that will come in future). Spears are used by Academies to train spearmen soldiers that can be sold or used to protect settlement or for military conquests.
Specialization in Weaponry brings you daily bonus in iron ore and steel.
1) To become a steel producer go to your settlement press Build button on menu and you can purchase Forge:
2) To become spears producer go to your settlement press Build button on menu and you can purchase Blacksmith: