Just throwing this out there.
Found two sources that indicate coolant/cutting fluid is needed to get a "cold" cut.
The downside is that the blade will dull quicker.
I'm not sure how much use the cold saw gets. Would it be cheaper in the long run to sharpen the blade as needed rather than using lubricating fluid?
It would definitely be cleaner.
metal sawing 10: cold saws and bandsaws
Ditch the coolant on your cold saw