A high tensile steel(drill core tube)is use for the rear axles on class 5 or for LLM 3/4"square tube telescoped into7/8"square welded to chassis spine'
Steel conduit is not physically strong enough, as it is a thin wall tubing and screw together fittings would also collapse under torsional stresses.
The wheelbarrow wheels are usually fitted onto a 3/4 bolt, which is welded(with head removed) to the rear axle or front forks. We use an internal spacer fitted over the bolt so that when the self locking nut(nyloc) is tightened it does not put compression stress on the bearings inner races.