Hello Brian,
I would say to you that when roughing you need to leave on 0.020" ( diameter ) to allow for a separate finishing cut.
It is never really a good idea to use a roughing tool to also do the finishing cut, although it is convenient not to have to change tools, in most cases one can get away with a resultant "acceptable" finish.
If you are hoping for a fine quality finish, and accurate finished diameters, it is best use a different tool specifically for the finishing cut.
For Aluminium, a razor sharp piece of High speed tool steel with a steep cutting rake angle and a 0.3mm tip radius, and use a squirt of soluble oil mix from a washing-up liquid squeezy bottle.
You did not mention the diameter of the piece that you are turning, which is important for working out the optimum finishing cutting speed in revs / minute.
Finish cuts on ( most ) aluminium grades give a good mirror finish at 150 metres / min surface cutting speed, and a feed rate per revolution of half the cutting tool point radius.
So for example a piece of 50mm diameter bar, at 150 metres / minute surface cutting speed, will need to run at 950 revs / min, with a feedrate of 0.15 mm / rev.
( 144 mm / minute )
For 150mm diameter, to achieve the same cutting speed and finish, you will need to run the lathe at 380 revs / minute, with the same feedrate of 0.15 mm / rev.
Obviously you are held within the limiting constraints of a "Home" lathe, where choice of spindle speeds and selected feedrate options are few.
You will have to experiment with the available saddle feed rates on your machine.
It is well worth delving into the dark scary world of working in Metres / minute, Ha Ha...
for this will give you the correct revs / min speed value you need for the same and consistent results at any diameter that you are working on.
Metres / min = ( Diameter in mm x 3.14 x Revs / min ) \ 1000
150 = ( 50 x 3.14 x 950 ) / 1000
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Revs / min = ( Metres / min x 1000 ) / ( 3.14 x Dia )
950 = (150 x 1000 ) / ( 3.14 x 50 )
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So your 970 rpm spindle speed is about the correct spindle speed if you are turning some bar around the 50mm diameter.
Of course 150 metres/min for aluminium is not a fixed number, there is a wide variation
to play with, especially with the softer materials, and every other type of metal has it's own particular range.
You can find recommended Metre / min turning charts for different metals on Google.
Picture : A 12 x 12mm square hand ground finishing tool in HSS tool steel.
5 degree relief angles on three planes.
Nice smooth groove radius gives a good material flow and prevents material binding on
the cutting edge.
dave