What exactly are you trying to accomplish? Can't say I've ever heard of this myself. I've heard of steel wool dissolved in vinegar being used to ebonize oak (traditional process that essentially turns any piece into something about like bog oak. Cabinet makers used it for accent work) but I can andt say I've heard of what you're talking about.
First of all steel wool dissolved in muriatic acid is ferric chloride, so it will definitely etch the blade, and can destroy some epoxies too. I'm not sure I'd want to put a piece of wood in it either.. It would be very difficult to insure its perfectly neutralized, and won't cause long term rusting of the blade.
From everything I've seen and experienced myself, curly Maple is usually treated with dye. Fiebings leather dye (not the oil dye) is one of the better options.