the metal is a 1/4 inch steel bar, and same problem on 1/2 inch thick end of a railroad spike. I am doing on the anvil (not over hole). I seem to get a good 2/3 through the metal, I seen the flat spot on the other side. then I hit the flat side and get what seems to be a good indentation, but when I look at the first side, the metal is flat again, not a punched out plug.
the punch is 3/4 inch in length and 3/8 in width (will post pictures tonight).
PoundHound