Why go to all the trouble of forging or grinding out a blade and then quenching in a vat of crap?!
I would suggest that you do yourself a favor and buy some new steel of known composition. For example, you can buy 3/16" X 1-1/4" X 60"
1075/1080 from Admiral Steel for $12.80. How can you go wrong for only $2.56 per foot? 1075/1080 would be a good steel to start with (or 1084 if you can get it) and, since it's a known material, you can just look up the
proper heat treating formula. (If you need more info, I can post the appropriate pages from the Heat Treater's Guide.) Admiral is just one of the many places that you can purchase steel cheaply and, with those low prices, it doesn't make sense to use "mystery steel", even if it's free.
While you are getting your real steel, I suggest that you order some real heat treating oil too. Metallugists and scientists have developed real heat treating oils for a reason. If any old goop or other crap worked well, they would not have bothered. As has been pointed out on these pages numerous time, real heat treating oil usually costs about the same, or even less, than olive oil, canola oil, etc, etc. Heatbath's #50 quenching oil would be a good choice for 1075/1080, and it's now available from
Ellis Custom Knifeworks (under
Quenchants) for $18 per gallon. There are other good real heat treating oils available, but the Heatbath oils are what I have been using and I'm quite satisfied with them.
Anyway, that's my rant on the subject. Feel free to ignore all of it and use mystery steel and mystery oil. However, my knifemaking time is too valuable for me to waste time with inferior materials, and I suspect that yours is too.
PS: Do some searches in the archives and you will finds some good info on heat treating. I suggest paying special attention to posts by
Kevin Cashen and Mete (
Robert Cella). Here's one for starters;
screwy idea for tempering