My opinion,
For steel either 3/4 or 7/8 oz. are better payloads for the 20 gauge. 1 oz. 3" 20 gauge reloads will not have a lot of velocity, IF you can find the loading data.
As far as a duplex load of steel and bismuth. Bad idea, pick one pellet type and one pellet size.
If this were my project, I would be looking into TSS and Bismuth and forget the steel in the 20 ga.
YMMV
If you haven't ever reloaded before, there is a learning curve especially with steel and TSS, as the wads are less forgiving.
It wouldn't be a bad idea to get a Lyman 5th Shotshell Reloading manual, not for the data but for information on reloading shotshells in general.
DO NOT buy any components until you know what you need.