Carbide parting insert of the GTN type will leave a radius to fillet the corners, you can grind the middle of the leading edge away to give the shape Bernard mentions and use it from side to side for the last 5thou without the risk of chatter.

The other option which I sometimes use is to do the sides of teh webs with a small boring bar, insert with 0.4 or 0.8mm radius will leave a fillet and then work the shaft between,

Also got a long pointy HSS tool with a small radius. DCGT insert would do similar
