What a strange way of producing a thread rolling die. The three "rolls" must be syncronised before they are locked, possibly by having a sample threaded rod in place. If you want to turn them to an unworn part, then the syncronisation process has to be repeated. It would be sensible to make a mark on each roll face, pointing inward to know where to index them. As mentioned, an extra length incorporating a lead in taper would be the best way to start a thread. Iwould use an extreme pressure gear oil as lubricant.
Starting with a slightly undersize rod would be best and gradually work up using a tapped hole in a test piece for a gauge. Different alloys vary in ductility, some are not suitable for thread rolling unless hardened and tempered after the threads are produced.
Edited By old mart on 14/12/2020 13:54:10
Edited By old mart on 14/12/2020 13:59:55