As Blue Eyed Devil, and I have stated, it is more than likely Forged Steel. But as I see this thread progress, it brings me to another point. We all agree that our creations need to be safe, first off because I would hate to loose any of you guys. There is also the bystanders, and other people on the road. I like having them around too. We don't need any bad press either.
What it boils down too is if you don't know what you are doing, either find someone who does to help you, or learn much more about what you need to know. A front axle is not the place for trial and error, especally at 75 MPH.
{If it was cast, which it is probably not, welding with nickle rod is not the only thing you need to know. There is alot more to it than just running a bead. And there lies the problem of getting info from a forum. For something like a front axle please take the time to understand everything you need to know before just jumping in. Rant over.}