Mike has pretty much nailed the issue as this actually mirrors the development and production of the TA alum block.
After the 10 years or so of them being on the market, less than 100 have been sold which now brings them near the break-even point. Maybe after another 10 years or so there could possibly be a profit if you want to forget about the stocking cost of a $4000 item?
Like Mike said, there is no profit in that type investment, and with the alum block record it may take 10 years to sell even 50 iron blocks.
A couple technical issues on iron blocks would have to be addressed, like is it a 3.8 bore or a 4.1 bore? It is simple and cost-effective for the alum block to change liners, machining the iron block to a bigger bore can be very time consuming.
Also, casting flaws on an alum can usually be easily fixed by welding or other repair, so the iron block casting would have a greater foundry scrap rate, hence increase costs.
Certainly it is apparent that the machine work and time on iron is a lot longer "messier" as iron filings are much more trouble to contain and handle than alum shavings.
And in the history on the alum block development, MANY people stated their "desire" to purchase one, and if they had been a serious buyer, there would have been 300 alum blocks sold by now!
I also do not see how an iron block could be sold for a little as $3000, so it would end up being close to the alum block cost.
Also, be very aware that any aftermarket block MUST be cleaned, checked and finish machined before it is assembled.