We make bushes from it all the time from 20mm ID to 100mm ID. I use coolant and sharp tools, ie the same geometry as Aluminium, but use the surface speed and feed of Stainless steel. The grade we use will work harden like BeCu does , if it rubs and gets too hot. Drilling is the process that will make it work harden the most, centre point sharp drills with the square edge like for brass works very well.
Neil