Buy a torch, not only will you be able to cut this piece of angle iron but you will a one of the most valuable tools for steel work, however make sure you either take a class or find someone who knows how to use a oxy/acet torch to give you a couple lessons on how to use it.
Oxy/acet can be very dangerous if misused or used by someone who doesn't know how to use them.
Just my oppinon, but as far as the thermite goes....I have know idea, and sounds like you know just enough to get into trouble with it....so if you going to continue to play with it be careful and try to learn more before you try again.
welder19
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