brass rod is a cheap source of shear pin material. I have an ancient 7.5 hp air cooled outboard and shear pins are produced with brass rod and a saw.
Bolt cutters also work but sometimes the ends need a bit of a touch with a file if the shaft hole is a tight fit to the rod.
Alas, I am no stranger to something like that "African Queen" sequence where Humphrey Bogart has to make a propeller in the jungle. Hint: Wooden mallet is best. Easy on the heat. Hump was working with iron.
In future, FReepers, refer all mechanical guru type questions to well ... a a a like, you know, guru. Take over GG!