We wanted to give you an update on what’s happening with our CPM steel supply now that Crucible has stopped melting CPM alloys.
The short version: Erasteel bought the CPM trademarks and intellectual property from Crucible. Erasteel and Carpenter Technologies will be supplying us with the same grades we’ve been buying from Crucible — including MagnaCut, S30V, S35VN, S45VN.... The names may be different, but the quality will be the same or better. They also have proprietary grades that we will be offering too.
We’re expecting our first batch of MagnaCut from Erasteel this month, and...