I would use hot rolled (black bar) for what you need 16mm square would be about the smallest section to start with.
First get rid of the scale by leaving it in brick cleaning acid from builders merchants for 1/2 – 1 hour until the scale has flaked off. reason is the scale will blunt cutters.
Make up a fixture as described above and first rough down to overall size taking alternate passes off opposite sides.
The rough out the groove followed by finishing cuts.
Radius corner cutters are easily made from an old cutter that has started to blunt, just grind a small radius on the corners freehand and away you go. You can also buy tapered milling cutters that could also have their corners knocked off. I often use this method when fabricating or cutting from solid when I want to simulate cast or forged parts. The fillet around the oval flange and also the cylinder end flanges show a fillet formed like that. There really is no need for fancy grinders and exact grinding.
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One other option for the tapered flanges if you don't want to get or make a tapered cutter is to simply tilt the work (and fixture) by the required angle which is easily done by adding a packer under one side
This is setup for a 3.6degree taper you would just use the side of the cutter against the flange rather than cut the bottom.
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J
Edited By JasonB on 17/01/2017 07:53:39