Thmoment you nick or crack powdercoat your problems start, it'll rust and lift the coating quickly and there is no repair available.
A good standard of painting is prefered and easily repaired.
Hammerite can work well bet its less easy to overpaint later.
I would prepair the bare metal properly then red oxide, high build filler undercoat with plenty of rubbing down then several top coats in the colour of your choice
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