Drilling fabricated steel is always fraught… Often the hole is in a difficult to hold or reach position, the steel is tough and sometimes tapered on the back (RSJ's). the hole sizes also tend to be large. Drill jams are not uncommon. Once I was using a nice Bosch hand drill on a beam near an upright, The drill jammed and the thing twisted itself so violently that it ripped out of my hand…. Just as well as the handle spun round and hit the upright the body of the drill failed and it twisted itself in half. It self destructed.
And what about the off centre holes that are supposed to mate but don't. The obvious fix (SIC) is to poke the drill through to "make em fit" the result is often a jammed drill. Not withstanding that it is an unsafe practice as engineering design is compromised. The West Gate bridge in Melbourne collapsed with loss of life because of this practice.
Keyless chucks do not like being overloaded, They break, particularly when subjected to shock loads. the self tightening feature does not like being overloaded the ball bearings allow huge forces to build up.
Once at a market I spotted a largish magnetic drill base By largish I mean I have to use both hands to lift it, and better still the stall holder thought it was broken! In fact just a loose wire on the switch that turns on the electromagnet. I got it for scrap value.
This tool has turned drilling big holes in steel plate or a beam a pleasure no more difficult than using the drill press. No more broken drills and sprains when the drill tries to rip itself out of your arms.
These days there are quite compact versions that are easy to lift into position overhead or vertically… Yes they have a safety chain or clamp to hold them onto the work if the (strong) magnetic grip fails. I guess most fabricators will already have one, worth looking into if you have the need.
Regards
John