Not a Thorens is it, theyre cranked?
If bend it cold could crack or at best crinkle. If warm up to bend it will destroy the hradening and tempering.
Another consideration is off the shelf extrusions are not round externally or internally and are of a nominal sizing.
For 1/2" dia it could measure 12.9 to 12.7 plus any ovality, same with bore which is often offset.
Any thought in to the attachment in to the housing and bearing plus the catridge head, plating will add to the finished diameter.
Old materials the best for tone arms by the way, SME V is still from magnesium and for good reason.
Roksan went through extensive design and testing right down to interconnect, couple mine with an Ortofon MC2000, wired 6N purity sat on double upturned Y shaped spiked feet, sorbothane etc – unreal. The only thing thats majorly changed is the resonances, carbon you would need to start from scratch and have a very different sonic signature.
Need proper hifi to substantiate the difference between gold plated and silver plated wire. Your common high end audio setup from Currys wont cut it. For plugs its just for corrosion.
Other ways as well buy a good design and mod it for comparitive peanuts, end result comparable to off the shelf at 5 times the cost. Manufacturers use cheap diodes 10p each, caps 3p each and resistors 0.3p each, try a Vishay resistor on input stage at £10 each or Schotky diodes for regulation, Holcos resisters else where 12p each, you wont look back for the sake of £89.