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Skill Level What to craft Ingots used
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Up to 35 Buy from an NPC Smith Costs about 500 gp
35 - 43 Cutlass 8 ingots
Alternate 35 - 50 Bascinet 15 ingots
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43 - 47 Scimitar 10 ingots
47 - 52 Kryss 8 ingots
52 - 55 Longsword 12 ingots
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Alternate 52 - 57 War Axe 16 ingots
55 - 60 Broadsword 10 ingots
Alternate 57 - 59 Katana 8 ingots
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60 - 68 Short Spear 6 ingots
68 - 100 Plate Gorget 10 ingots
Alternate 80 - 89 Plate Gloves 12 ingots
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Alternate 89 - 94 Plate Arms 18 ingots
Alternate 94 - 100 Plate Legs 20 ingots
Alternate 97 - 100 Plate Tunic 25 ingots
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As you can see, some of the alternate items are quite high in ingot consumption. You may need to throw in a few attempts at the alternates, however, as it can help to break you out of a slump by mixing up your routine a bit. My advice: when you hit a skill gain wall, do a round or two of an alternate item. Otherwise, stick with the lower cost items.
You should also setup a razor macro to smelt all the items you create, remember to set the target to object type.
As well if your asking your self Can i make this? well >Here< you go.
Source cite http://uoc.powergamers.net/skill_smithy.php