Well, I don't know how thick this is, or how long your cut is, but I've split 1/8" 1084 with an angle grinder. I cut it too long, clamped it down to a 2x4 positioned at waist height and ran the cutter under the bar. Only cut about 7" of 1/8" stock, but it didn't use up a whole disc. I did *not* make passes, I started at the end of the bar stock, cut all the way through and then fed forward. By the way, I clamped the crap out of the steel, I'd suggest doing it in a vice, if you can fashion it. If you can use a vice you could cut across instead of under, which is much more stable in my opinion.
Braced with both hands the angle grinder isn't impossible to use. As with everything we do in knifemaking, this is more dangerous than a stroll through suburbia, but with a bit of caution I don't think you're in too much more danger than many other steps in the trade.