A few additional tips I will offer are:
Most folks don't weld the cable hot enough or long enough. Just because the outside wires are fused does not mean the middle is solid. Weld, weld, weld.....and then weld again. You will hear the change in sound as the "Thunk" of an unwelded billet becomes a "Ting" of a solid billet. Also, all darker areas and stripes will be gone from the billet when all the cable strands are fused solidly.
I do as Salem said - weld it solid, them make a square, then forge in the corners to make an octagon, and then back to round. All those are done at welding heat. Once solid and "ringing", I twist it again for a tighter pattern, and then forge out the billet.
Twisting it tight while welding is very important. You have to tighten the twist every heat, as the forging makes the wrap unfurl. A modified 12" pipe wrench ( add a second handle) is a tool no damascus maker should be without. A nearby vise to lock the end into is good, but if you can find an old pipe vise at a yard sale, they work extremely well for twisting any damascus billet. I use a flip over type like this one:
http://www.wynnstools.com/zh-CN/displayproduct.php?id=390
20 mule team borax is hydrated borax. The anhydrous stuff has had all the water driven out by heat. Left sitting around long enough the anhydrous borax will re-hydrate if not tightly sealed. The 20 mule Team borax is fine to use, but it bubbles and pops a bit more as the water is driven off. If available and affordable, the anhydrous is a bit better, but the common washing borax will work just fine. You can dehydrate common borax by baking it in the oven for 2 hours at 400-500F. Some folks also add anywhere from 10% to 50% boric acid to the borax flux mix .