Welding is a skill that takes time and preferably instruction to master. I suggest that if you want to learn how to weld, you take a community college course.
The transformer is probably sized to make a decent welder, but the task is not trivial. You'll have to figure out the turns ratio, calculate the size of wire and number of turns for the new secondary, wind it, probably make an inductor and deal with the leads.
So, one thing at a time. Learn to weld, research building your own welder and go from there. Don't try to do it all at once.