When buying drops, remember that if you are buying something larger than you need, you are paying for the chips in the pan, plus your time/wear and tear/electricity to convert them from solid material.
I avoid material that is unidentified, unless it shows evidence of having been machined in its present state. 6061-T4 and T6 machine well. Some other alloys can be machined with proper procedures. Others can be difficult or impossible to machine or get a decent finish. Soft alloys are especially hard to machine.
Some alloys can be welded easily, some with difficulty, and some not at all. Most lose temper if welded, but some retain adequate strength around the weld to be acceptable if designs consider this.
Some things, like aluminum pipe flanges, are so inexpensive that it is not worth making them from scratch.