As for making a chisel, not likely an individual can fabricate one properly, a breaker chisel is an expensive machined and hardened tool.
Sorry Willie - not correct. A local engineering guy, a sole operator, made a very nice living out of making replacement chisel bits in recent years.
Unfortunately, he dropped dead suddenly from heart failure - and his family wanted nothing to do with his business or machinery, so it was all auctioned off, and the business just dissolved.
I went along to his businesses clearance auction and scored a magnificent WW2 Landis cylindrical grinder from the sale for $300. He had finished and half-finished chisels all around the shop - and some of them were huge chisels.
As I never got to to talk to him, and few other people at the auction knew anything about his business, it was a disappointment to me. The man obviously took a lot of skills with him.
I'd presume he was using low-alloy, high tensile, heat treatable steel, that was hardened and tempered by some other business, because I could see no heat-treatment equipment in his sale.
Specialist steels such as the above, which usually contain molybdenum, manganese, chrome, nickel, and vanadium in the alloy mix, are normally readily available from specialist steel suppliers.
All that's required is the right alloy steel, good machining, precise finished dimensions of the chisels (a very important factor, as evidenced by the Landis cylindrical grinder), and proper heat-treatment, and you can produce replacement chisels easily.
The fact that this local guy obviously had quite a good little business - as evidenced by the number of finished and half-finished chisels around his shop, shows there's a good market in manufacturing replacement chisels.