For a couple of years - maybe it's been longer? - I've been meaning to treat the rust on Becky's (2010 Panda) rear axle. She's just passed her MOT again, with no advisories, so this summer I really must bite the bullet and get on with it. In the past I've used both Curust and Jenolite with good results but I've known about Fertan - this stuff:
https://www.frost.co.uk/fertan-rust-converter-spray-1l/ for some years and I'm going to give it a try. Once stabilized I will be painting over with this stuff:
https://www.frost.co.uk/frost-chassis-black-paint/ which I've used before and had excellent results with.
I hear what jrk is saying about wax vs. paint for these kinds of jobs and his thinking is sound. However the problem with wax type products is that if you want to subsequently do more repairs later then you've a devil of a clean up job to do before you can start work and most of the rust converters don't like oily/greasy/waxy surfaces, so I prefer to paint. Have to say though that I find Hammerite, whilst very good for some applications, I find it chips too readily when attacked by road stones etc. Frost's chassis paint is an enamel and I think has a wee bit more plasticity? Certainly I've found it much more resistant to chipping on the likes of motorcyle frame tubes etc.
Here's a couple of pictures of her rear axle/spring pans taken when I first thought about doing the refurb:
View attachment 404331
View attachment 404332
We're a couple of years on since these pics were taken and the corrosion has got a wee bit more of a grip but there doesn't seem to be any signs of cracks and I've had a good poke around with a screwdriver, which dislodged some slightly alarming "crusty bits" but it all seems pretty solid still. The plan is to disconnect the bottom shocker bolts, swing the axle down, clean everything up with a wire wheel and chipping hammer before applying the Fertan and painting. If it all goes well I'll buy new springs when I reassemble it. In the meantime I'm periodically spraying Plus Gas into the outer, threaded, ends of the securing bolts. I've done a lot of other work on her to bring her up to a good standard, most of which I've done posts about on the forum, and this is the last "big" job I know of which still needs to be done so I'm actually quite looking forward to getting stuck in. I can hardly wait for the good weather to come in.