I've made various blades with old springs, most because the steel was available almost free and just behind my door, while the new one had to be bought far away from a factory that's open only during my office time... :grumpy:
Some were made from coil springs I used out of sentimental value (they were part of my Lancer Evo IX which was badly crashed by a moron coming up the opposite way in a blind curve far too fast). It's now fully restored to its original shine, but seemed a waste to throw away some almost new coil spring, anti-roll bar and axle.
p to now I made four knives without a problem, out of that coil spring, and many more will come.
Straightening and forging the steel has been part of the fun.
It's not been really much harder than forging some new K720 steel bar into certain shapes.
I also used worn out files.
Simple carbon steel is not very difficult to heat treat.
You don't have the scientific certainty you get with brand new steel but, then, I'm forging and heat treating with a coal forge, so "scientific" is not the keyword here ("medieval" is more like it!

).
I also like to do differential hardening and differential tempering experimenting with various techniques, so I'm not interested in exact uniform hardening and tempering in an oven.
All the same, you can get really good knives out of it.