Hi,Adam
Keeping the cost low:
there are two parts CAPEX and OPEX
Basically, djewell provided good estimation of CAPEX, if you would like to go into more details - please consult investment cost estimation
here.
for OPEX, it is imporant to choose a proper system (to fit your task) and set-up a procedure. You can read more on hard chrome replacement
here
With Kermetico HVAF, you could repair not just rods, but cylinders as well (I believe you will need it as well).
Feel free to send me a personal message and I will provide you more info or we could organise a Skype or Whatsapp chat.
Regards,
Vig