Maybe...
Firesteel & Phazesteel: Forging with Magic and the Elements; The Creation of the StarforgeBy taking Fire Iron and Inscripting Phase onto it, we can then reforge it with water and air, slowly beating out the impurities of the resulting item using it's own heat, and trapping the magic inside the Steel.
The resulting Phazesteel will cut through anything with a bit of force, passing through flesh and steel as easily as air and flame, leaving a molten gouge in it's wake..
This effect comes from the magic forged steel itself. Most objects have empty space between them, and the edge of Phazesteel parts these empty spaces with heat and magic, both Fire and Air, severing the bond of objects and turning the result into two well defined halves as it passes through.
We can make our blades out of it easily enough, or make arrows out of it.
As for how, we need to build the Starforge, a space heated by tons of Fire Iron to keep the Fire Iron we forge hot enough to mold into Fire Steel and the magical Phazesteel.
A circular forge, with a central waterspring fed from the river's cold water outside before flowing back out. Take the iron we work with, inscript it then and their, and get to work on melding the spell with the iron to create a magical steel. Using water to trap the spell into the Iron, and Heat and air to reheat the Fire Iron agian so as to work it. Repeat as necessary, and you have a magical steel.
This process could also be used to work regular Fire Iron into Fire Steel as well.
Phase War AxeThe Phase Inscription is added to our axes. This is applied with the intention to allow the axes to pass through the empty space and air in all objects, greatly increasing their cutting power. Being made of our Windforged Steel, this Air Inscript should show great effect in hacking straight through our enemies shields, armor, and flesh. The fact that Air has the concept of Separation does not hurt at all either, since we know just what to focus on. To Hack all things into two pieces, or more..
Firesteel & Phazesteel; the Starforge (-)
Phase War Axe (1) TricMagic