A workshop issued rune ingot IV is an item that can be purchased in the bonus package from Elof in the Artisans Workshop for 100% Respect which contains 2 workshop issued rune ingot IVs. It can be made into a workshop issued rune ingot (heated) by heating it in a furnace in the main area of the Artisans Workshop, while having tongs in the inventory. It cannot be converted into ores.