In a lot of questions I read that a good approximation of the radiation emitted from a hot piece of steel is the black body radiation.
Than I search for the value of the emissivity of molted metal and I find that they are (for a molten Pure Iron) around 0.4 or less.
I know that the emissivity is the ratio between: the radiant exitance of that surface and the radiant exitance of a black body at the same temperature as that surface, so I expect to find a value which is very close to 1 while I get values of about 0.4.
So my question is: Why?
I hope to not forget something important.