Forging a razor from a piece of bar stock
This is how I forge wootz razors from a bar. Wootz is expensive and you don't want to waste any more than you need to. I just started a fresh bar (2K$) and thought it would be nice to show the process.
First, I draw a piece of the big bar out into a smaller bar that is more appropriate for making a razor. And then I first forge out the tang and the tail from there. Then I draw the next part out just a bit more until it is the right size for forging out the blade hollows.
I u...se a cut off hardy to separate the blade section most of the way from the rest of the bar. I cut enough that I can hammer in the hollows without bending things in awkward angles, but I leave enough that I can use the bar to handle the blade. And then after hammering out the hollows I cut off the finished razor blank using the hardy.
As you can see, this way the blank is already hollowed partly and shaped the way I want. The belt grinder is then only needed to clean up the lines and flats, and deepen the blade hollows.
http://imgur.com/wDLi7Pf.jpg
http://imgur.com/dHQftBt.jpg