You'd be much better off using a hot-work tool steel that's specifically designed for hot forging rather than HSS. HSS is great for cutting tools but doesn't have ideal properties for hot forging tools. You might find H13 a suitable choice.
I'm sure you've already looked at a datasheet for the Ti alloy, if not you'll find one here on Ti-6Al-4V this gives some info on forging temps etc. Note that very often when 'forming' is talked about it is often sheet-metal forming, not bulk forming so you need to make sure any recommendations are applicable.
We use the SFTC Deform software at work and up until about a year ago I had a licensed seat so I could have run a simulation for you. It would have shown material flow, stresses, and the force required etc. Unfortunately my seat wasn't used very much so the license wasn't renewed (I think it's £8k-£10k per annum per seat so I can understand why!).
Is there a reason you want to forge these and not machine them from solid bar?
If this answers your question please mark the thread as solved as it can help others find solutions in the future.
Marcus Wakefield
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I've created a Windows application (and now Mac as well) for creating custom thread files for Fusion. You can find out about it here. Hope you find it useful.
If you need to know how to offset threads for 3D printing then I've created a guide here which you might find useful.
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