You mean Older American Made Steel is way harder than todays Chinese made soft metal screws?
Who would of thought?
Things were made better back then they are today. That's the sad reality of things. My bus which is 30 years old had virtually zero rust on the floor, but I'm finding on here people buying 15 year old buses with rusted through floors all the time.
My advice is to get a tap and die, and tap all of the holes you drill. Drill bits today are all too soft, even for the highest quality bits. Reason being is because modern steel is softer to save money on resources, and all steel sourced today isn't as hard as it used to be. The industry knows this.
To Harden steel it takes heating it up to cherry red, then instantly cooling it down several times. The faster you cool metal when it is that hot, the harder it becomes.
Samurai Sword makers understood that steel molecules, are like round balls, and only connect from round edge to round edge leaving space between the molecules which also in turn makes the metal softer and weaker. When Steel is heated to cherry red, those molecules warp into blocks which are square, and the edges fit better like a perfect tetris game with no spaces. Thus more contact to each other, and more solid. Less space in between the molecules. This is how a samurai sword is made. They heat, fold the blade 200 times, instant cool to harden it again, and each time it pushes more and more of those spaces out of the metal.
When cooling metal when cherry red, then pouring water on the metal, locks those molecules in the square shape, but if you let it cool slowly, it will round out again and actually become weaker.
(Also a pro-tip for welders, if you are welding something that is load bearing, pour water on it asap after welding to harden your welds)
This is an extra step that takes a lot of energy to make. The manufacturer process doesn't do this well anymore on modern steel to save money and we've been getting softer steel today within the last 15 years, and the bits sold today are also softer and can drill through the metal easier, but when you apply these bits to some older hardened steel, the bit is going to dull before you cut through that steel in many cases.
The king pin keys I had to drill out for my king pin job where extremely hard. It took 15 drill bits to get all the way through it. (They were welded in in my case)
Solution is to tap each hole on the hardened steel. The tap will be made extremely hard, and should be strong enough to cut threads through your holes even on the good steel, then use machine screws. The thinner the metal the thinner the threads you'll want anyway.