A sharpening steel typically costs between $10 and $60, depending on the quality and length of the product. Some of the highest quality sharpening steels can costs hundreds of dollars. The key differences in the quality of steels are usually found in the handle or thickness of the steel.
As of 2015, Bed Bath & Beyond offers 40 different sharpening steels on their website with prices ranging from as low as $9.99 to as high as $199.99. 33 of the 40 steels are priced between $10 and $60.
New Egg has a selection of 13 sharpening steels with a price range from $11.99 to $200. Ten of the steels are priced between $10 and $60.