People will learn quickly that recycled steel is not cheaper by any stretch. Considering you can get a new bar of 8670 from $10-$25 depending on thickness, using one to two $13.00 belts to clean the recycled steel up, or the propane and effort to straighten out a leaf spring, then to cut it up and clean it up, you are much farther ahead with new steel.
I am not opposed to using recycled steel, and use it myself for sentimental projects. Hunters love knives made from a reclaimed grader blade at our cabin, and call them “Mercoal steel knives“ after the name of the ghost town where our cabin is or the carving knife made from an old file from my Dad’s farm. They are cherished by their owners, but they are more expensive to make, and heat treat requires hours of experimenting to dial in.
8670 has the widest heat treat range if any simple, forge heat treatable steel I have tested so far. It is also the toughest steel we have tested in Larrin’s massive knife steel study. I’m sure it will be beat by something like 1V, but that can’t be heat treated by backyard methods.
1075/1080/1084 and 15n20 are all good choices for minimal equipment. I do however recommend a pyrometer from Auberins (About a $100 investment) for the forge to have at least a shot at getting close to the right temps. I did that for the first year, and those knives, except one have all held up. The one failure prompted me to invest in a kiln and Rockwell tester.