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Yes, there is a difference. CPM-154 and 154CM have the same composition and the same basic traits, but the CPM version is a powder steel (CPM stands for Crucible Powder Metallurgy), which is going to be cleaner and more precisely structured.
Basically, the CPM-154 is tougher, takes an edge easier, and is generally a little bit better than the standard 154CM in every aspect because of the manufacturing process.
They are not really the same or close.
http://zknives.com/knives/steels/steelgraph.php?nm=CPM154,+154CM&sz=2&gm=0
They're close enough to each other that, even on that same link you posted, they're considered the same steel (look at the A.K.A. box). Yes, the manufacturing process makes a difference in performance, and yes the snuck-in vanadium is going to change the toughness and edge holding ability, but at they are close. Basically, take everything good about 154CM, bump it up a bit, and you have CPM154.
Yes, there is a difference. CPM-154 and 154CM have the same composition and the same basic traits, but the CPM version is a powder steel (CPM stands for Crucible Powder Metallurgy), which is going to be cleaner and more precisely structured.
Basically, the CPM-154 is tougher, takes an edge easier, and is generally a little bit better than the standard 154CM in every aspect because of the manufacturing process.
crucible particle metallurgy.
The performance is different enough as is the formulation.
Believe me they really are a lot different, just ask any Custom knife maker since they are the ones who use CPM 154 the most.
The 2 steels aren't even in the same ballpark.
Admittedly my hands-on experience with CPM-154 is less-than-limited, so I'll concede the point before I dig myself a bigger hole.
That V was added and removed twice. It's there because I had about a dozen emails from various sources insisting it's there and Crucible doesn't list it in the spec because V makes it more difficult to machine. Most of the other information provided by those contributors has been correct in the past, so I figured I'd leave it in there. Note for CPM 154 mentions V not being listed in official specs.I don't know why that chart has V listed in it, that was debunked years ago.
I just recently purchased a Buck 110 with CPM-154 and I am amazed with the steel. It sharpens up wicked sharp and holds its edge longer then my benchmade 154 cm. I still can't believe how sharp the edge gets on this. Maybe it has something to do with Paul Boss's heat treat, but I am really impressed with this steel. Very nice steel and it doesn't take much to sharpen it up.
Also, on a side note, I picked up a buck 110 420HC after the CPM-154 to use as a beater and I am very impressed with the 420HC has. It gets wicked sharp too, and though it doesn't hold it's edge as long as other stainless steels, it takes nothing to bring it back to an edge that makes other stainless steels cower in fear, other then CPM-154. I actually prefer 420HC's to many other super steels as of right now. The thing I notice is all though other stainless steels will get sharp, after you use them the lose that initial scary sharp edge fast, really fast, though they keep their working edges longer.
I am fond of keeping my scary sharp edges longer and then sharpening them when it has been lost. I have found that CPM-154 seems to be a mixture of all that is good. Gets wicked sharp, holds that super keen edge much longer then other stainless steels, and is easy to sharpen back to atom slicing sharpness.
here is a recent thread on it, Crucible personnel confirm any vanadium content is simply residual and not a deliberate addition - post 18Headheart, if you have the link(s) to some credible source about Vanadium in CPM 154, can you please send it to me?
Meanwhile I'll update the note, to make it clearer.