Back when I was just starting, I made an anvil hold-down tool out of some #6 rebar... quenched it to cool it down quick, as you would with mild steel. I went to use it (tap it into the pritchel hole) and the sucker snapped clean. That's how I found out some rebar will harden... some also won't, some bars have hardenable spots and mild spots. You can buy grades of "weldable" rebar specifically if you need low carbon throughout, as we did in the floating dock industry.
I've seen people make quite usable junkyard type knives out of rebar.