It's black when it's not in use, it's red when it's in use, and it's grey when you're done using it. What can this be??
It's the wick of a candle, which is black initially( when not in use,or may be after used for the first time and then blown away before being used completely), red when burning which finally is transformed into grey ashes when burnt out completely , i.e.,(when done using it).