What is the best blade for this, in a power saw??
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If you're not doing much cutting, you can get by with the old methods (grinders with cut-off wheels, backwards saw blades, shears, re-cip saw).
If you have a lot to cut, then I'd use one of the new metal cutting blades for your circular saw.
Bosch invented them and now there are a bunch of knock-offs. They're expensive, $30 - $50 but they last and do an awesome job. I have them re-sharpened at a saw shop.
From a distance they look like a regular Skil Saw blade, but the teeth are a different design.
They will cut through 1/4" wall steel tube almost like it was wood.
Let your saw ride on plywood (make up a jig) so you don't scratch up your paint and if possible, PUT THE CUT END UP. This puts your cut end out of the weather.
The cutting will be LOUD. Wear your ear (and eye) pro.
The blades look like this. Take a look at the teeth.