Re: B:enchtop Band Saw
My guess is blade speed is the determining factor for success here. If the same thing applies as in drilling, blade speed needs to come down to cut steel along with correct blade material and teeth count.
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I've never tried using a benchtop for metal, but, as motoretro observes, blade speed will be way too fast as the benchtop saw you reference does not appear to be variable speed.
I guess with the proper blade you could probably get by cutting a few small items but the blade probably wouldn't survive for long.
IIRC, Delta used to make a smaller (10"-12") vertical band saw for home shop use that had a built-in dual speed gearbox thus making it usable for both wood and metal via a blade swap. AFAIK, they have been out of production for many years, but if you could find a used one on CL, ebay, or a yard sale grab it!!! I let one slip through my fingers about 10 years ago and have kicked myself ever since.
I've also seen where guys have retrofitted a gear reducer to a wood bandsaw to slow the blade speed. That would be another approach provided you can also address the wheel material and brush issues.