Similar to what Ramon has been doing.
My son-in-law whilst working in the furniture many years ago, gave me literally hundreds of single flute HSS router cutters that were blunt and not worth sending them away for sharpening
These ranged from 1/8″ bits with 1/4″ shank upto 3/4″ bits with 1/2″ shanks. The length of the cutting sections of the bits ranged upto 2″ long, An absolute goldmine.
I found them a tremendous use as woodturning gouges suitably mounted in mild steel holders/wooden handles.
I also use them now suitably modified when metal turning.
One last thing, in the late 50’s (that’s 1950’s not 1850’s) I remember making lathe cutting tools by machining a ledge on the end of 1/2″ square m.s. blanks and building up the ledge with an electric arc rod known as HARDEX. Suitably dressed to profile afterwards they made excellent turning tools for M.S and brass.
Do any old timers remember this technique?