This depends on how you define "weight". If "weight" is defined as the gravitational force from the environment gravitator (here the Earth), then both will, of course, weight the same. If "weight", however, is defined by a scale reading and the scale and objects weighed are immersed in an atmosphere, then you're right: the feathers will "weigh" less as buoyancy helps them to float a little.
How much? Well, we need some figures for the density of all three materials involved. Archimedes' principle tells you that the buoyant force equals the weight (in the gravitational sense) of the displaced air, which, in turn, is determined by the volume of the object. If we denote that by $V_\mathrm{obj}$, we have, then,
$$F_B = \rho_\mathrm{air} V_\mathrm{obj} g$$
In terms of the mass $m_\mathrm{obj}$ and density $\rho_\mathrm{obj}$ of the object, we of course have
$$V_\mathrm{obj} = \frac{m_\mathrm{obj}}{\rho_\mathrm{obj}}$$
hence
$$F_B = \frac{\rho_\mathrm{air}}{\rho_\mathrm{obj}} m_\mathrm{obj}g$$
If we denote the gravitational weight $w$, equal to
$$w = m_\mathrm{obj}g$$
and the scale or effective weight $w_\mathrm{eff}$, we have the very neat expression
$$w_\mathrm{eff} = w - F_B = \left(1 - \frac{\rho_\mathrm{air}}{\rho_\mathrm{obj}}\right) w$$
in other words, all you need is simply the ratio of densities between the object and the immersing medium, plus the actual gravitational weight - for an exact one kilogram, and standard Earth gravity, this is $w = 9.806\ 65\ \mathrm{N}$.
Now iron has a density of 7800 g/L ("steel" will vary depending on the amount of added carbon, but this should be close), equiv. $\mathrm{kg/m^3}$, while air has about 1.2 g/L, hence the iron piece will have
$$\left(1 - \frac{\rho_\mathrm{air}}{\rho_\mathrm{obj}}\right) = \left(1 - \frac{1.2}{7800}\right) \approx 0.99984$$
hence its $w_\mathrm{eff}$ is reduced from its original weight by about 0.016%, or to 9.8051 N.
For the feathers, this:
https://wat.lewiscollard.com/archive/www.newton.dep.anl.gov/askasci/gen06/gen06451.htm
suggests their density is actually surprisingly higher - at about 1000 g/L, though considerably variable. In this case, the feathers should retain about 99.88% of their "true" weight, meaning a weight reduction of 0.12%, or a $w_\mathrm{eff}$ of 9.7948 N.
Neither of these are very noticeable, hence you would likely not feel anything interesting holding either in your hands.
(As to why the density reported there is more than you might think, it's because this is the density of the actual material feathers are made from. This is, also, the relevant density to use in this calculation because the air interacts, as a gas with no surface tension, directly at the atomic scale of the fibers in the feathers, thus the material, while the "apparent" low density is by considering density to be the sparse appearance of the material, which is how we would hold feathers in our hand, but not how air "holds" them.)
kilogram
mean? $\endgroup$