You can always do a quench test by hardening a section on the end and the putting it in a vise where the quench line is and then hit it with a hammer to see if it snaps off, confiming that it hardened. Use warm (about 130-150 degrees) canola oil as a quenchant first and see if that hardens it. If not, you can try water. If the oil doesn't harden it and the water does, it "might" mean that it has a lower carbon content, which would mean it's not all that great for a knife.
However, as many others have said countless times on this forum, don't bother wasting your time. Just spend a few bucks and get some 1084 from Aldo at the New Jersey Steel Baron. You will waste money in grinding belts (if you have a grinder or sander), other abrasives, other consumables, may end up ruining your sharp files and drill bits on steel that's not annealed, and you will be wasting your time And if the knife ends up looking really nice and you are proud of it, it will suck not knowing what the steel is and whether or not it will be a good working blade. Of course you can do a bunch of testing with it, and it may very well take and hold a good edge, but that will be a waste of time unless you have an endless supply of the exact same mower blades and plan on using them in the future on a lot of your knives
Spend your time and money using a known steel with a known 'makeup' that has been proven by tons of makers and users already, such as 1084, which is the easiest (most forgiving) steel to be able get a sufficient heat treat on using a homemade forge etc, since all you have to do is heat to non-magnetic and quench..
Without having a kiln to be able to program the exact temperatures and soak times that are needed for lot of higher alloy blade steels these days, or sending it out for professional heat treating, 1084 is your best choice. Other "simple" lower alloy carbon steels such as 1095, W2, 52100 etc. "can" be heat treated in a forge at home, but more skill and experience is required to be able to get the extra performance these steels can offer by being able to heat it to it's correct critical temp and to hold it there for a few minutes or so before quenching. If not heat treated properly, it is also lot easier to end up with an inferior heat treat using these steel than it is using 1084.
Sorry for the rant, but it's good to know these things, and since I'm not sure how much experience you have heat treating and making knives, I'm just explaining as if you don't have much by default

Please don't take this the worng way, but your lawn mower steel question kinda hints that you don't have much knowledge in metallugy or heat treating etc.
So once again, spend your time, even your "practice" time, using a known steel. This way, while you practice forging and/or grinding and all the other aspects of making a complete knife, you can practice your heat treating along the way, which is one of the, if not "thee" most important parts of knifemaking. That way you can always buy more of that steel (1084) and continue getting better at knowing how to heat treating it for optimal performance. I'm assuming you plan on doing your own heat treating since it pretty obvious that you can't really send out unknown steel types (found steel) to get heat treated by professional, such as mower blades, old files, leaf springs, RR spikes etc etc.. So go order some 1084!
~Paul
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